Bretton Woods Update No.29 July/August 2002
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News|24 July 2002
The World Bank president has asked his staff to prepare a human rights strategy, ending a long-standing aversion to engaging in the debate. But how far can the Bank go when its board and legal staff are urging extreme caution?
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News|24 July 2002
The World Bank has issued a discussion paper for consultation before revising its operational directive on adjustment lending. Concerns over changes to the ceiling on policy-based lending and a shift towards less mandatory directives, as well as the conultation process itself, have been raised by NGOs.
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News|24 July 2002
At the launch of the new book of former WB Chief Economist Joseph Stiglitz, Globalization and Its Discontents, IMF Director of Research, Ken Rogoff lashes out.
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News|24 July 2002
A Papuan NGO, the Center for Environmental Law and Community Rights, attempted to halt the release of a $17 million World Bank loan, claiming that the PNG government had failed to stop illegal logging and road construction, and that the Bank had failed to supervise compliance with the conditionalities.
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