The Bank will spend $50m over the next two years recruiting financial sector experts for a new Special Financial Operations unit.
World Bank Group
Knowledge
News
Stiglitz questions outdated “Washington consensus”
Giving the WIDER annual lecture in Helsinki the World Bank Chief Economist called for a…
IFI governance
News
Bank’s “new” adjustment programmes reviewed
The Bank is just completing a review of three years of "Higher Impact Adjustment Lending"…
Finance
News
Loan costs set to rise
Borrowers from the International Bank for Reconstruction and Development (IBRD), the main World Bank lending arm, may have to pay higher charges for their loans in the future.
Knowledge
News
Bulletin dissects Bank report on the State
The April 1998 Institute for Development Studies Bulletin critiques the Bank’s World Development Report, The State in a Changing World.
Knowledge
News
Knowledge report discussions
The Bretton Woods Project is about to be sent the yellow cover draft of the Bank’s 1998 World Development Report.
IFI governance
News
IFC slammed by Anthropologists Association
In April Jane Hill, President of the American Anthropological Association, wrote a strong letter to Bank Group President James Wolfensohn and Carol Lee, IFC Vice President and General Counsel.
Environment
News
NGOs debate IDA issues
The IDA Deputies - government officials who negotiate the refinancing of the World Bank’s International Development Association concessional lending arm - have met twice to discuss the policy framework for future IDA lending.
Environment
News
MIGA pressed to reform
Friends of the Earth US and other NGOs wrote to their government representatives in April to stress that the donor discussions about providing more money for MIGA should talk about reforms first and about shifting the portfolio away from mining and fossil fuel projects such as the controversial Lihir Island goldmine in Papua New Guinea.
Rights
News
NGO approach debated
In March the Bank Board discussed the Bank’s approach to NGOs.
Knowledge
News
Faith meets finance
In February World Bank President James Wolfensohn met the leaders of nine religious faiths to discuss views on development.
Knowledge
News
CAS analysis improves, but still limited
The quality of Bank country assistance strategies (CASs) has improved in the last two years, concludes a recent Bank review.
Featured briefings
1 October 2024
Year one of World Bank Paris Agreement alignment in the energy sector: ‘green conditionality’ dwarfs green investments
New BWP research finds the Word Bank's approach to Paris alignment is being used to a significant extent to impose ‘green conditionalities' on borrowing countries, especially in the Global South.
3 July 2024
The Bretton Woods Observer: Summer 2024
3 July 2024
Is the World Bank rolling back commitments to citizen engagement, again?
Understanding the Bank’s chequered history with public, community and civil society participation is key for understanding what is at stake and what to do next.