The seventh annual conference of the Parliamentary Network on the World Bank was held in Cape Town in March. Discussion topics included extractive industries revenue transparency, health, agriculture, illegitimate debt, climate change, anti-corruption and strengthening parliamentary oversight of the IFIs. UK NGO World Development Movement presented their toolkit for parliamentarians wishing to better scrutinise the role of the IFIs in their budgeting processes. The South African National NGO Coalition held parallel workshops, teach-ins and demonstrations to highlight the “socioeconomic and political crisis engineered by the World Bank”.
Renewed calls for a substantial SDR allocation raise urgency of reforming the inequitable global reserve ‘non-system’.
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The Bretton Woods Project is a UK-based NGO that challenges the World Bank and IMF and promotes alternative approaches. We serve as an information provider, watchdog, networker and advocate. Our flagship publications are the Bretton Woods Observer, a quarterly critical review of developments at the World Bank and IMF, the Dispatch, a biannual analysis of the World Bank and IMF Spring and Annual Meetings, and the NewsLens, a bi-weekly roundup of key news and critical viewpoints published about the World Bank and IMF.
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