The controversy over refinancing the World Bank’s IDA arm was not resolved at the Bank/Fund Spring Meetings. Indeed it has been fuelled by a new study from the US Government’s General Accounting Office which suggests that the World Bank has deliberately over-estimated the financial costs of making IDA deliver more grants. Twenty five US NGOs have produced a paper, Responsible Reform of the World Bank, which reviews current policy debates and proposes improvements to how the Bank goes about its business.
Bretton Woods Project briefing on loans vs. grants
Responsible Reform of the World Bank, Bank Information Center
