Bretton Woods Update No.12 March 1999
News|15 March 1999
Bank President James Wolfensohn has announced a new initiative which aims to balance economic with non-economic analysis and enable real participation and transparency in drawing up country strategies.
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News|15 March 1999
Key Bolivian NGOs feel that Wolfensohn has misrepresented the Bolivian National Dialogue (carried out in 1997) and subsequent process as a model for other countries to follow.
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News|15 March 1999
The worst fears of massive increases in poverty in Indonesia are “unfounded” according to a report by the World Bank, which draws on 3 new surveys on the social implications of the financial crisis.
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News|15 March 1999
There is danger that the aims and scope of the social principles (formerly the Social Code), which was proposed by Gordon Brown as a fourth pillar of the new international architecure, will be watered down to become simply a framework for the Bank’s social policy.
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News|15 March 1999
The World Bank has predicted that global commodity prices are unlikely to rise following the impacts of the world financial crisis, and is considering how developing countries could reduce harmful price fluctuation in these markets.
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