Both ENDS and the Bretton Woods Project co-organised a roundtable meeting in early March to discuss the World Bank and IMF’s core economic models.
World Bank Group
Knowledge
News
Bank approach to social capital criticised
Ben Fine, Professor of Economics at SOAS, University of London, has produced a 30,000 word paper which reviews and severely critiques the World Bank’s approach to social capital.
Private Sector
News
New IFC chief expresses need for new inspiration
Peter Woicke, new Executive Vice President of IFC (the World Bank’s private finance investment arm) told IFC magazine Impact why he left J.P. Morgan Securities after 29 years.
Accountability
News
Last ditch attempt to save Inspection Panel
On March 24 the World Bank Board will hold a special consultation session about likely changes to the Bank’s Independent Inspection Panel.
Infrastructure
News
Narmada dam construction restarts
Construction has restarted on the Sardar Sarovar (Narmada) dam, Western India, after a decision by the Supreme Court.
IFI governance
News
Bank participation in carbon fund in doubt
The World Bank may have failed to secure European financial support for the Prototype Carbon Fund, one of the controversial carbon-trading schemes devised to implement the Kyoto climate change protocol.
Infrastructure
News
Dams Commission workplan nears completion
The World Commission on Dams has nearly completed its workplan and selected consultants to lead work on the thematic reviews.
News
IMF “serious” about improving NGOs relations
Useful Contacts
Infrastructure
News
India power loan cleared
In February the World Bank’s Board cleared a $210 million dollar loan to the state of Andhra Pradesh, India after the United States Government decided to stop blocking the loan.
Rights
News
Post-crisis social code diluted to weak Bank principles
There is danger that the aims and scope of the social principles (formerly the Social Code), which was proposed by Gordon Brown as a fourth pillar of the new international architecure, will be watered down to become simply a framework for the Bank’s social policy.
Finance
News
New credit line means more IMF conditionality
The G7 proposal to establish a Contingency Credit Facility has met with opposition from some European and developing countries.
Land
News
Mexico project reveals Bank planning, supervision failings
A detailed paper by Trasparencia traces the history and execution of the Mexican Rainfed Areas Development Project.