The World Bank’s European office is initiating a new type of meeting to discuss controversial issues. The meetings will be independently facilitated and be off the record, attempting to “build bridges between diverse players”. The first will cover trade and be held in the UK on 7 and 8 May. “Leading thinkers and policymakers from civil society” have been invited. A number of groups have chosen to engage with this new process to see what can be gained. But one group, Focus on the Global South, has refused saying they are “totally opposed to this kind of private and closed meeting which perpetuates the lack of public responsibility and accountability”.
New BWP briefing offers critical gender analysis of World Bank lending instrument to borrowing countries.
At 75, the World Bank and IMF face a crisis of multilateralism in no small part of their own making as failed economic policies have resulted in skepticism of the international order they helped to create.
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