The UK parliamentary committee on international development travelled to Washington in early November to interview World Bank, IMF and NGO staff.
International Monetary Fund (IMF)
IFI governance
News
The future of NGO World Bank strategy discussed
In October the Bank Information Center held a strategy meeting for 80 people from NGOs and foundations concerned about the World Bank.
Finance
News
IMF Articles change on hold
Action to change the IMF’s Articles of Agreement to extend the Fund’s purview to cover capital account liberalisation has been put on hold since the financial crisis.
IFI governance
News
IMF looks to hire PR firm
The IMF has decided to hire a new public relations firm to bolster its battered image.
IFI governance
News
Towards a partnership Bank?
A refreshing new World Bank discussion paper frankly recognises that aid agencies are not cooperating effectively, and that mechanisms such as Consultative Groups and the Bank’s internal culture need to change.
IFI governance
News
Distilling lessons from the ESAF Reviews
Many NGOs have fed in comments to the IMF about its staff report Distilling the Lessons of the ESAF Reviews.
Finance
News
Russian lessons for the IMF
The Russian economic crisis, hot on the heels of the Asian meltdown, has provoked the Financial Times to comment that “the role of the International Monetary Fund in preventing crises has been comprehensively undermined.”
IFI governance
News
Blair proposes IFI reforms
UK Prime Minister Tony Blair made a speech at the New York Stock Exchange arguing that the World Bank and IMF have fundamental weaknesses and need to be reformed.
IFI governance
News
Oxfam Guide examines participation
An Oxfam publication by Tricia Feeney provides a very useful analysis of approaches to participation in development projects.
Knowledge
News
Discussions proposed on economic growth
The Bretton Woods Project has been working with Both ENDS and other organisations to discuss a possible meeting to discuss the fundamental way that the World Bank/IMF measure development: economic growth.
Finance
News
IMF hints at U-turn on capital controls
There are signs that the IMF may be reconsidering its stance that all capital flows are harmful.
Finance
News
“New debt crisis”
Investors’ growing aversion to risk is leading to a general withdrawal of finance from many Southern countries.