Bretton Woods Update No.10 September 1998
News|15 September 1998
A new report, commissioned by the Government of Norway, reveals that the World Bank has a long way to go in clarifying and operationalising its poverty reduction objectives.
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News|15 September 1998
A refreshing new World Bank discussion paper frankly recognises that aid agencies are not cooperating effectively, and that mechanisms such as Consultative Groups and the Bank’s internal culture need to change.
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News|15 September 1998
The Russian economic crisis, hot on the heels of the Asian meltdown, has provoked the Financial Times to comment that “the role of the International Monetary Fund in preventing crises has been comprehensively undermined.”
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News|15 September 1998
In 1997 the IFC commissioned a welcome review of its objectives following pressure from NGOs and some Executive Directors who argued that it emphasised deal-making in response to the private sector at the expense of any clear focus on poverty alleviation or environmental protection.
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