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.
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.
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.
The IMF’s efforts to streamline itself are likely to make little difference to countries implementing Bank and IMF programmes.
The global economic slowdown and donor countries’ differing views on what to do about it, pushed issues related to the world’s poorest nations to the sidelines of public debate on this year’s spring meetings of the IMF and World Bank.
The International Finance Corporation, a private sector arm of the World Bank, plans to include corporate governance clauses in loan agreements.
In a bizarre effort to shore up international investor confidence, the Turkish prime minister appointed Kemal Dervis, a World Bank Vice President, to become a state minister in charge of the economy in Turkey in late February.