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Critical voices on the World Bank and the IMF
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What is the World Bank’s International Center for the Settlement of Investment Disputes (ICSID)?
New Inside the Institutions looks at the World Bank’s International Center for the Settlement of Investment Disputes (ICSID), the main forum for Investor-to-State Dispute Settlements.
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A bad business: Bank divisions on Doing Business revealed
Newly emerged internal documents from the World Banks’ own legal unit reveal strong criticism of the controversial Doing Business rankings following the independent review panel’s critical final report in June.
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World Bank to publish procurement contracts
The World Bank has revealed the detail of its 2012 promise to publish contracts online, following on from its procurement review.
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IMF research on “fiscal profligacy” criticised
A January IMF working paper has accused the US of “fiscal profligacy”.
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IMF highlights shadow banking risks
An IMF December staff discussion note from the IMF’s research department, authorised by chief economist Olivier Blanchard, reveals that shadow banking now accounts for 25 per cent of global financial assets.
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IMF “onslaught” on Pakistan’s economy
Pakistan must radically change its economic strategy, and raise Rupees 360 billion ($3.67 billion), 1.5 per cent of its GDP, before the Fund will agree to a new programme.
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World Bank on jobs: “a race to the bottom”?
Two October World Bank reports reveal a contradictory message for developing countries’ labour markets.
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World Bank private sector approach under fire
The International Finance Corporation (IFC), the Bank’s private sector lending arm, has come under fire for its business model, increasing use of financial intermediaries such as banks, funding of companies associated with tax havens, and its controversial Doing Business report.
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Trade: IMF staff paper, World Bank strategy review
A March staff paper by the IMF outlines that although trade restriction measures have increased in the wake of the financial crisis, they have only had a strong negative impact in the products they targeted, and their aggregate impact is just 0.25 per cent of global trade.
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IFC deceptions on Doing Business
Excitement caused by the International Finance Corporation
