Wolfensohn’s Comprehensive Development Framework, which aims to make the World Bank more responsive to different policy proposals, and encourage long-term, integrated decision-making, is now being piloted in 12 countries.
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WB-IMF orthodoxy rivalled by Asian Development Bank
The Asian Development Bank Institute (ADBI), led by its new head Masaru Yoshitomi, has mounted an attack on the IMF’s use of conventional policies for dealing with the crisis in Asia and plans to hold meetings and seminars to challenge the IMF’s approach at the Bank/Fund annual meetings.
Int. Chamber of Commerce Partners with Bank
In June the World Bank agreed to step up cooperation with the International Chamber of Commerce to boost the private sector, trade and investment in the Bank’s member countries.
Bank to guarantee economic policy reforms
The World Bank Board recently agreed that the Bank can extend its partial credit guarantee instrument to cover structural and social policy reforms.
New Bank environment review
The World Bank’s Operations Evaluation Department is carrying out a review of “Promoting Environmental Sustainability in Development”.
Social Principles limited to crisis situations
The Bank’s paper on best practices for implementing the social principles will be discussed by the Board on 10 September.
Bank, IUCN sign cooperation agreement
At the end of June IUCN and the World Bank signed a Memorandum of Understanding to formalize their partnership agreement.
New reports available
Contact the Bretton Woods Project for copies.
Major Bank pollution prevention handbook out
After 5 years of preparation the World Bank and IFC have jointly published a Pollution Prevention and Abatement Handbook.
UK Parliamentarians investigate World Bank
UK MPs on the International Development Committee took evidence from Myles Wickstead, UK Alternate Director at the World Bank, plus senior DFID officials.
UK ISP still AWOL
Over a year after it was due to come out and after initial consultations were held with NGOs, the Department for International Development (DFID) has still not published its Institutional Strategy Paper on the World Bank Group.
Annual meetings Prague 2000
NGO preparations are already underway for the World Bank’s 2000 annual meetings.
Featured briefings
6 April 2022
The Bretton Woods Observer: Spring 2022
8 December 2021
The Bretton Woods Observer: Winter 2021
8 November 2021
IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.