Gordon Brown’s recent speeches on a “New Deal” for the global economy have been generally welcomed, especially for their suggestions that aid budgets should be increased.
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In February the World Bank’s Board will consider a new Private Sector Development Strategy.
As the World Bank and the IMF inch closer towards streamlining their policies with those of the WTO, and vice-versa, a Bretton Woods Briefing discusses why Bank and Fund watchers should keep a close eye on the WTO negotiations (November 2001) .
A new IMF paper proposes changes to current methods of applying conditionality.
An assessment of Ghana’s Poverty Reduction Strategy process (GPRS) suggests there is much potential for formulating, in a participatory manner, an effective poverty reduction strategy.
Consultations held in Berlin, Tokyo and London for the IMF’s conditionality review have revealed significant differences in opinions.
A major policy report has been produced with proposals for the Financing for Development summit to be held next March 2002 in Monterrey, Mexico.
Initial findings of a review of adjustment policies by government, WB and civil society were presented to Bank management in Washington DC in July.
In August, Argentinian teachers, doctors and public workers went on strike and unemployed workers and students blocked roads to protest against rising unemployment and cuts in pensions and salaries.
The IMF’s efforts to streamline itself are likely to make little difference to countries implementing Bank and IMF programmes.