In prioritising capital market expansion, the needs of the lowest income groups are not being effectively addressed through World Bank interventions.
The World Bank’s report on public spending in Brazil raises serious questions about the methodology used and relevance of the report’s focus on fiscal consolidation in light of its own admission that the deterioration of Brazil’s fiscal situation is due principally to the recession.
Despite claiming to no longer support austerity, the IMF has imposed damaging cutbacks on the people of Tunisia as part of its loan conditionality, leading to widespread discontent on Tunisian streets.
While there is scope to improve IMF operations in all fragile states, ahead of the forthcoming publication of the IMF IEO review of IMF work in fragile states, there is one fundamental change it must make to transform its effectiveness in fragile states: wherever it is possible, it must be present. No country should be left out.
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.
Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and World Bank staff.
While the World Development Report (WDR) 2018 on education has some redeeming features, it is part of the Bank's longstanding very narrow view of education, and is silent on education financing.
This briefing analyses the implications of the strategy proposed by the World Bank for infrastructure financing. It details the type of policies and institutions required to achieve sustainable development.
Blog on who should have been selected as World Bank president, what they should do and the selection process generally.
In the following submission, the IMF and institutions of the World Bank Group, including the…
Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and Bank staff.
Friday 2nd October, 2015 To: President Jim Yong Kim, World Bank Managing Director Christine Lagarde,…
Bankspeak of the year 2014 celebrates some of the most ridiculous public remarks of Fund and Bank staff.
Bretton Woods Project comment on President Jim Yong Kim's blog on Oxfam America challenges the Bank's emphasis on private sector development
Just a month before releasing a new report on climate change and the need to "turn down the heat" (see Update 86), the Bank agreed a $50 million loan to the Chinese prefecture of Shangrao, located in the northeast of China's Jiangxi province, to build a new airport.
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.