A new bulletin, Info-IFI, aims to inform Spanish-speaking readers about the actions of the Multilateral Development Banks.
Other International Financial Institutions
Studies from Malawi, Ethiopia, Uganda and Cambodia fault the PRSP process for failing to provide space for a real debate of policy alternatives, and for a lack of transparency and accountability.
By Shahid Husain, Freelance journalist, Karachi, and Charlotte Carlsson, Communications & research officer, Bretton Woods Project
World Bank Asia region staff are currently considering whether to move the Nam Theun 2 dam, Laos, to “pre-appraisal stage”.
Local government leaders in the Leon Norte area of Nicaragua have written to the World Bank to express their “deep concern about the development of the PRSP consultation in Nicaragua”
On 17 January 150 people were arrested in Bhopal while marching against World Bank and Asian Development Bank policies.
In November Mexican civil society networks greeted incoming president, Vincente Fox, with a letter calling for greater transparency and accountability in the country’s decision making processes.
A new book sets out current issues in multilateral development bank reform and the way that the US pushes its interests in the institutions.
In January, the Confederation of Indigenous Nationalities of Ecuador (CONAIE), and other social movements led an uprising in protest at the worsening economic situation which resulted in the resignation of the president, Jamil Mahuad.
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.
The details of ensuring implementation of World Bank operational policies are explored in a recent report from the Bank Information Center.
Brazilian NGOs, trade unions, students and opposition parties protested outside the World Bank’s office in Brasilia against the government’s agreement with the International Monetary Fund (IMF) and the Bank’s decision to suspend loans to two state governments.