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Inside the institutions

IFI governance

Background

What is the ‘gentleman’s agreement’?

Leadership of the IMF and World Bank has been guided by a historical 'gentleman's agreement' between Europe and the United States. What does this agreement entail? And how could it be reformed?

23 July 2019 | FAQ

WB/IMF roles

Background

What are the main criticisms of the World Bank and the IMF?

The IMF and World Bank continue to be amongst the most relevant and significant powerful norm-setters, convenors, knowledge-holders and influencers of the international development and financial landscape. This Inside the Institutions sets-out some of the most common criticisms of the World Bank and IMF under three broad lenses: democratic governance, human rights and the environment.

4 June 2019 | FAQ

Finance

Background

IMF surveillance

This Inside the Institutions looks at IMF surveillance and explores its role in influencing countries' macroeconomic policies .

6 December 2018 | Inside the institutions

Environment

Background

Carbon finance: The role of the World Bank in carbon trading markets

This Inside the Institutions looks at the role of the World Bank in carbon finance initiatives

26 September 2018 | Inside the institutions

Accountability

Background

The Parliamentary Network on the World Bank and IMF

This Inside the Institutions looks at how the Parliamentary Network on the World Bank and IMF has facilitated interactions between members of parliament and the Bank and Fund.

27 September 2017 | Inside the institutions
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Finance

Background

Who pays for the Fund and the Bank?

This Inside the Institutions looks at the funds available to the IMF and the World Bank, including the origins of IBRD and IFC resources and an overview of the most recent changes in the IMF and IDA’s funding streams and mechanisms.

5 April 2017 | FAQ

IFI governance

Background

The World Bank’s Independent Evaluation Group

This Inside the Institutions looks at the World Bank's Independent Evaluation Group, including how it is structured and the different elements of the evaluation process.

31 January 2017 | Inside the institutions

IFI governance

Background

IMF & World Bank decision-making and governance

This Inside the Institutions examines the recent and ongoing reforms at the IMF and World Bank, and places them in context of existing structures and processes.

31 March 2016 | Inside the institutions
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Other news

Knowledge

Background

World Bank’s Doing Business report

This Inside the Institutions looks at the Doing Business report and retraces key steps in its history and development, explains how ratings are calculated and outlines some of the main criticisms regarding its methodology and ideological background.

3 July 2017 | Inside the institutions

Conditionality

Background

The IMF's framework for low-income countries

In the midst of the global financial and economic crisis the IMF amended its lending framework for low-income countries (LICs). It now has three main instruments for LICs – the Extended Credit Facility, the Standby Credit Facility and the Rapid Credit Facility. The three different programmes are subsidised by the newly created Poverty Reduction and Growth Trust (PRGT). The IMF also engages with LICs through non-financial facilities, especially the Policy Support Instrument (PSI) and the St

17 June 2010 | Inside the institutions

Finance

Background

World Bank country assistance strategies

The country assistance strategy (CAS) is the most important World Bank country-level document: it sets out the indicative level and type of assistance the World Bank Group will provide to a country, usually for a four-year period. The CAS should link a country's development priorities to selected World Bank Group support. It is also intended to promote coordination with other development partners.

16 April 2010 | Inside the institutions

Finance

Background

The IMF and financial sector reform

While the World Bank has done a lot of work on financial sector reform, the IMF is also a key actor. Since facing criticism over its lack of understanding of financial markets in the wake of the 1997 Asian financial crisis, the IMF has significantly increased its capacity for analysis of the financial sector.

4 December 2007 | Inside the institutions

Social services

Background

The World Bank and disability

The Bank’s formal commitment to disability work began in June 2002 with the founding of the disability and development team within the social protection unit of the human development vice-presidency. The team’s primary focus is on cooperating at the international level on including the disabled in development.

23 November 2006 | Inside the institutions

Knowledge

Background

The IMF and poverty

Three years ago the IMF announced that poverty reduction would be its new priority. A quick look at the composition of IMF staff gives an indication of how well equipped the Fund is to address the multidimensional nature of poverty.

28 January 2003 | Inside the institutions

Trade

Background

Bank trade map

New Bretton Woods Update feature providing readers with an easy-to-understand summary of the Bank’s work on trade, relevant contacts and web information.

26 November 2002 | Inside the institutions
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