The Bretton Woods Project would like to sincerely thank the Honorable James M. Flaherty, Canada’s finance minister, for his kind end June response to a letter we sent him about leadership selection at the IFIs. No, it was not a response about the spring 2012 process for selecting a new head of the World Bank, but a May 2011 letter about the IMF managing director selection process (see Update 76). We are expecting another letter in March 2013 about the World Bank. Based on the urgency with which Flaherty responded to our concerns, we can rest assured that his commitment to “continue to work with the IMF on strengthening the process to ensure that all countries have equal opportunity to occupy the highest positions of the institution” will produce tangible results in about 2043. We look forward to it!
23 May 2011
15 February 2012
23 May 2011
It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.
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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.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).