Briefings

Conditionality

Analysis

The IMF’s Final Frontier? Assessing “Second Generation” Reforms

The “second generation” reforms are aimed at implementing policies for the common good, particularly social policies that will help to alleviate poverty and provide more equal opportunity. It would appear that the IMF views itself no longer as simply an institution to achieve macroeconomic stabilisation objectives but is focused much more on structural issues, issues which have previously been the remit of the World Bank (1997).

14 June 2000 | Briefings

Conditionality

Analysis

ESAF, Surviving The Spotlight?

The IMF has taken few steps to openly evaluate its operations. To try to remedy this situation, and in response to non-governmental organisations’ calls for a fully independent review mechanism, the IMF executive board decided to establish an ad hoc external review mechanism on a trial basis (1998).

14 June 2000 | Briefings

Social services

Analysis

Social principles: an update

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).

14 June 2000 | Briefings

Conditionality

Analysis

The IMF’s Enhanced Structural Adjustment Facility: What Role for Development?

Although it has sought to adapt, the Fund still has particular difficulties in dealing effectively with low income countries. The introduction of ESAF was an important attempt at adaptation but its programmes are still too short term, the scale of support is often too small, and the policy conditions laid down are too blinkered.

14 June 2000 | Briefings

Knowledge

Analysis

The power of World Bank knowledge

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.

25 May 2000 | Briefings

Rights

Analysis

The power of World Bank knowledge

By Michael Goldman * For the enormous power and global reach the World Bank has…

24 May 2000 | Briefings

Environment

Analysis

World Bank and IMF: Dilemmas and Opportunities

Are the World Bank and IMF now taking environmental and social issues seriously?

25 June 1999 | Briefings

Environment

Analysis

Questioning the World Bank/IMF Growth Model

Questioning the Growth Model was a meeting organised jointly by the Bretton Woods Project and…

25 June 1999 | Briefings

Conditionality

Analysis

The “Perestroika Of Aid”? New Perspectives On Conditionality

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).

15 March 1999 | Briefings

Finance

Analysis

Assessing Assessing Aid

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).

15 January 1999 | Briefings