The World Bank’s pilot of its Comprehensive Development Framework (CDF) in Bolivia, reflects both scepticism and a complete lack of involvement. How did this state of affairs come about? And are the prospects for the CDF really as bleak as this might suggest?
When the social principles were proposed by Gordon Brown at the 1998 AGM of the Bank and IMF it was envisaged that they would apply to all countries and would be monitored as the other codes on Fiscal Transparency, Monetary Policy and Corporate Governance will be. The Development Committee charged the World Bank with the task of drawing up the principles (1999).
For the enormous power and global reach the World Bank has today, relatively little formal debate exists on one critical aspect of its practices - the production of knowledge.
By Michael Goldman * For the enormous power and global reach the World Bank has…
Are the World Bank and IMF now taking environmental and social issues seriously?
Questioning the Growth Model was a meeting organised jointly by the Bretton Woods Project and…
This report considers the factors which have led to a proliferation of conditionality and the growing acceptance that it is not an effective tool for persuading governments to make reforms. It proposes that an alternative is to encourage “ownership” and to base lending agreements on “poverty focused” programmes developed at the national level (1999).
A discussion and critique of the main points in a prominent World Bank report on aid policy and conditionality - “Assessing Aid, What Works, What Doesn’t and Why”. The Bank’s report is very frank about the many failures of aid financing, but its proposals of targeting finance to good performing countries are controversial (1999).