Given the lack of clarity and satisfaction about how WDRs are produced, and the difficulty of persuading the authors to recognise and include alternative views, the Bretton Woods Project has written to the Bank asking for a formal explanation.
World Bank Group
The World Bank’s London office has transferred responsibility for providing public access to World Bank operational documents to the EMIC library at the Department of Trade and Industry, Kingsgate House, Victoria Street.
Critical findings from a World Bank environmental team have set back the planned approval of World Bank support for the Chad-Cameroon oil pipeline.
The World Bank is now in the advanced stages of negotiation with donor countries on funding for the next 3 years of its International Development Association soft loan funding arm.
Jean-Francois Rischard is moving from the Bank’s Washington office to take up the new post of Vice President for Europe.
In 1997 the IFC commissioned a welcome review of its objectives following pressure from NGOs and some Executive Directors who argued that it emphasised deal-making in response to the private sector at the expense of any clear focus on poverty alleviation or environmental protection.
The Bank has agreed to publish Country Assistance Strategies (CAS) - the documents which set out the Bank’s multi-year lending plans - once they have been discussed by the Board and if the borrower government requests it.
Participation experiences in 20 Bank-assisted operations will be reviewed in an international conference co-sponsored by the World Bank, to be held in Washington in November 1998.
The IFC has just announced who will replace its Executive Vice President, Jannik Lindbaek, who is retiring because of ill health at the end of the year.
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.”
This summer the World Bank’s external affairs team commissioned a detailed survey of views about what the Bank does and should do.
Indonesian NGOs are setting up a major new campaign against the expansion of large-scale oil palm plantations in their country.