African heads of state met in Libreville, Gabon in January to discuss the economic agenda for Africa in the new millennium.
Conditionality impacts
Conditionality
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Korean workers lawsuit against IMF thrown out
A South Korean court has rejected a lawsuit filed by a group of labour unions against the IMF for alleged policy mistakes.
Conditionality
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Chiluba attack on IMF
Zambian President, Fredrick Chiluba has blamed the IMF for Zambia’s economic problems, saying that the IMF’s reforms, advocated by rich countries, had brought unemployment and a rise in poverty levels.
Conditionality
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UK ED quizzed on UK role in Bank and Fund
In October UK Executive Director Stephen Pickford was called before the Treasury and International Development Select Committees for questioning by MPs.
Conditionality
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IMF crisis conditions reviewed
A new review of IMF conditionality will assess the conditions applied to financial crisis countries, and recommend future approaches.
Conditionality
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Southern organisations demand end to adjustment
Organizations and activists in more than 20 Southern countries have launched a campaign against the destructive lending policies of the World Bank.
Conditionality
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The IMF’s ESAF: is it working?
In August the IMF produced a “question and answer” paper on its Enhanced Structural Adjustment Facility.
Conditionality
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PNG Government avoids conditionality
Relations between the Bank and the government of Papua New Guinea were strained in July by the government’s decision to issue bonds to raise money from the private sector.
Conditionality
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Social Principles limited to crisis situations
The Bank’s paper on best practices for implementing the social principles will be discussed by the Board on 10 September.
Conditionality
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WB-IMF orthodoxy rivalled by Asian Development Bank
The Asian Development Bank Institute (ADBI), led by its new head Masaru Yoshitomi, has mounted an attack on the IMF’s use of conventional policies for dealing with the crisis in Asia and plans to hold meetings and seminars to challenge the IMF’s approach at the Bank/Fund annual meetings.
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.