Ugandan MP Sheila Mishembi Kawamara, at a 5 June meeting of East African legislative members, said that countries such as China, Mauritius, Vietnam and Thailand had refused to take World Bank and IMF prescriptions and their economies were thriving.
Conditionality impacts
Accountability
News
Indonesian MPs: write-off IMF loans
One hundred members of the Indonesian parliament wrote to the heads of the IMF and World Bank, condemning the institutions for implementing “disastrous orthodox macroeconomic policies”.
Conditionality
News
Rebranding adjustment: the World Bank and “development policy support lending”
The World Bank has issued a discussion paper for consultation before revising its operational directive on adjustment lending. Concerns over changes to the ceiling on policy-based lending and a shift towards less mandatory directives, as well as the conultation process itself, have been raised by NGOs.
Conditionality
News
IMF fiddles while Argentina burns
A synthesis of the last two months in the ongoing negotiations between the IMF and the Argentine government.
Conditionality
News
On the road to “Qatar-naskis”
G8 leaders put terrorism, NEPAD and education on the agenda for the June summit in Western Canada. Activists organize a parallel summit in Calgary and a “solidarity village” in Kananaskis. Meanwhile, African NGOs criticize NEPAD as a re-hashing of neo-liberalism.
Conditionality
News
Meeting on PRSPs and Poverty and Social Impact Analysis
The World Bank and DFID are moving forward with test approaches to improve the assessment of the social impacts of economic policies.
Conditionality
Background
The Ugandan PRSP Experience
Meeting with Rick Rowden, RESULTS, 31 May 2002
Conditionality
News
IMF conditionality continues
The Reality of Aid 2002, produced by a coalition of NGOs states that, rather than being phased out, loan conditionality is actually being strengthened under the rubric of “ownership” and “aid effectiveness”.
Land
News
Bank fingered in Malawi famine
According to Action Aid, famine in Malawi has been compounded by World Bank-guided food policies.
Conditionality
News
Poverty Reduction Strategies under intense scrutiny
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.
Featured briefings
12 December 2024
The Bretton Woods Observer: Winter 2024
16 October 2024
The Bretton Woods Observer: Autumn 2024
16 October 2024
The lost call for international financial architecture reform in the G20
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.