Argues that the Bank has become involved in too many issue areas and initiatives. There are significant tensions in trying to be a Bank, a social development agency, a Knowledge Bank and a Global Issues Bank all at the same time. Includes comments from Bank staff, parliamentarians and NGOs on how to resolve this.
Information on processes and opportunities for influencing the IMF's governance structures.
Examines representation and power issues relating to the IMF’s Board, staff and management. Identifies and discusses reform proposals.
The reality behind the Comprehensive Development Framework and Poverty Reduction Strategy Papers (2000).
Two forces for change have converged on the IMF in recent years. The first is in relation to the financial crisis that swept across the globe in 1997 and 1998. The second has arisen from the pressure for debt cancellation to be linked to poverty reduction objectives and the acceptance that structural adjustment policies have failed to achieve lower levels of poverty.
The Bretton Woods Project welcomes the establishment of an EVO.
Bretton Woods Project contribution to compilation of analysis and case studies by a range of NGOs. (September 2000).
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.
This paper considers how the relationships and roles of intenational and national non-governmental organisations, donors and the multilateral institutions are likely to change as a result of new initiatives to put poverty reduction and country ownership at the centre of the development process (2000).
Briefing outlining the case for an independent evaluation unit for the IMF and setting out the outlines the principles on which it should function (1998).
This briefing is a response to the “Meltzer Report” produced by the US congressional Committee led by Allan Meltzer on the roles of the IMF and World Bank. It examines the Committee’s recommendations and outlines why they are inappropriate and how they would actually increase the power of the IMF, whilst turning it into an institution that would serve the needs of private sector investors rather than assisting governments (2000).
The World Bank has produced a discussion paper, Partnership for Development: Proposed Actions for the World Bank, which presents a strategy for building ownership into the development process, developing partnerships between donors to fund government designed programmes and to make more effective use of aid resources (1998).