Bretton Woods Update No.48 November/December 2005IMF strategic review: Reform or be left behindNews|21 November 2005 
The IMF's strategic review portends changes in its mandate and structure, but critics charge that it does not go far enough. read article... Policy support instrument: Helping hand or more thumb screws?News|21 November 2005 In October, the IMF board approved the establishment of a Policy Support Instrument (PSI), a non-lending programme which will provide policy advice to poor countries and send a signal to donors and markets about the quality of a country's economic policies. Critics suspect the instrument is little more than a new way "to extend Fund domination". read article... Parliamentary initiatives around the IFIs gather steamNews|21 November 2005 Parliamentarians were in Washington in September for the WB-IMF annual meetings to press the demands of the International Parliamentarians’ Petition while the Parliamentary Network on the World Bank has finally started to assert its independence from the World Bank. read article... UK parliament hearings on World Bank, IMFNews|21 November 2005 The UK all-party committee on international development held its evidence session on the annual meetings of the World Bank and IMF in October, with evidence heard from the Bretton Woods Project and the Rainforest Foundation, secretary of state for international development Hilary Benn, and representatives of the Treasury. read article... IMF modifies disclosure policy to address deletions, delayNews|21 November 2005 The IMF has taken steps that may reduce the number of deletions made in the publicly disclosed versions of its key reports about member countries, including Article IV reports. read article... The Bank and Fund: do civil society groups in the Arab region realise what’s going on?Comment|21 November 2005 Comment by the Arab NGO Network for Development on the need for civil society in the region to take a more active role in monitoring the work of the IFIs. read article... OED slates Bank development effectivenessNews|21 November 2005 In October, the Operations Evaluation Department published a report summarising lessons from recent evaluations; Bank management, in unusually strong language, has expressed concerns about both the methodology OED used to reach its conclusions, and the conclusions themselves. read article... WDR on equity: Practice what you preachNews|21 November 2005 Civil society organisations welcomed many of the findings of the latest instalment of the World Bank's World Development Report on equity and development; question marks remain over its historical amnesia and the likelihood that the Bank will practice what it preaches. read article... HIV/AIDS and the World BankInside the inst|21 November 2005 Summary of the Bank's response to HIV/AIDS read article... Development effectiveness of HIV/AIDS unevenNews|21 November 2005 Summary of OED report on the Bank's response to HIV/AIDS and civil society criticisms. read article... World Bank’s community development efforts ineffective, poorly monitored and unsustainableNews|21 November 2005 Summary of the Operations Evaluation Department report on the effectiveness of World Bank support for community-based development, and community-driven development. read article... World Bank and climate change: power failureNews|21 November 2005 Summary of a report by Friends of the Earth US, the November meeting in London on climate change and the UK parliamentary early day motion to end UK support for harmful oil subsidies. read article... Lao dam: obligations undermined?News|21 November 2005 A report by Can and Leader analyses the concession agreement for the Bank-supported Nam Theun 2 dam in Lao PDR (Update 45), between the country's government and the Nam Theun 2 Power Company Ltd (NTPC). read article... World Bank anti-corruption: discourse versus practiceNews|21 November 2005 A new report from corruption watchdog Transparency International indicates that despite improved efforts by the World Bank on corruption ahead of other regional development banks, there is still a striking inconsistency between the discourse and practice of the Bank. A new US anti-corruption bill and an oil revenue agreement with Chad are the latest tests. read article... UN says World Bank and IMF “bound by international law”News|21 November 2005 Bold statements made by the UN special rapporteur on the right to food argue that international law is binding on organisations such as the World Bank, IMF and WTO. read article... IFI ‘aid for trade’ carrot ahead of Hong Kong trade summitNews|21 November 2005 Details of the BWIs aid for trade package were unveiled at the annual meetings, as officials turned up the pressure to reach a deal at the upcoming trade summit in Hong Kong. read article... Your support for the Project is crucialNews|1 December 2005 Please consider supporting the work of the Bretton Woods Project. read article... Other stories in this issue |
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