World Bank Group

IFI governance

News

Bank study finds adjustment impact studies inadequate

A leaked May 1999 draft Bank review of structural and sectoral adjustment loans severely criticises their treatment of environmental and social issues.

15 June 1999

Accountability

News

Indonesian NGOs criticise safety net, oppose new loans

In response to concerns that ruling party Golkar would misuse World Bank funds for election purposes, the Bank and IMF agreed in May to put new loans into a special Bank of Indonesia account.

15 June 1999

Environment

News

New report on problems with forest policy reform

The World Rainforest Movement and Environmental Defense Fund have produced a briefing on the World Bank’s Forest Policy Review and Strategy Development process.

15 June 1999

Environment

News

CASE studies start

The Bank’s Environment Department is working with its country teams to develop “best practice” on greening Country Assistance Strategies (CASs).

15 June 1999

Knowledge

News

Absolute poverty rising: targets doubtful

New World Bank estimates suggest that 1.5bn people live in abject poverty, up from 1.

15 June 1999

Conditionality

News

Forest conditionality explored

A new paper from the World Resources Institute examines the World Bank’s use of adjustment lending to promote policy reform for favourable environmental outcomes.

15 June 1999

Environment

News

Bolivia-Brazil Pipeline

The details of ensuring implementation of World Bank operational policies are explored in a recent report from the Bank Information Center.

15 June 1999

Knowledge

News

New Bank wisdom on economic crises

The Bank has identified 5 main ways in which macroeconomic crises affect the poor.

15 June 1999

Knowledge

News

WDR to tackle trade, finance, global environment

The World Bank’s 1999/2000 World Development Report, due for release in September, will contain much material of interest to NGOs working on international policy issues.

15 June 1999

Land

News

Indonesian farmers criticise Bank project

The Yayasan Duta Awam Foundation (YDA) has conducted a 15 month grassroots investigation of the Bank-financed Integrated Swamps Development Project.

15 June 1999

Social services

News

Lack of commitment for Social Principles

The Social Principles, proposed last autumn by UK Chancellor Gordon Brown as the “fourth pillar” of the international architecture, are likely to prove ineffective.

15 June 1999

Accountability

News

World Bank appoints senior policy compliance advisor

The World Bank Group has appointed the first IFC/MIGA Compliance Advisor/Ombudsperson.

15 June 1999