17 June 2010 | Humour
With no less than seven references to a certain Colombian singer, the final edition of the annual spoof newsletter Bank Swirled, produced by anonymous Bank staff (we hope in their spare time), has been published. A hat tip to the “World Bank’s 132-person Offshore Humor Team” for 26 years of parodying the Bank. We count ourselves lucky that we never could get all the jokes.
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
Multilateral development banks can reduce their dependence on hard currency lending and make local currency financing a central element of their developmental mandate.
