An IMF review of three new lending facilities has resulted in only "cosmetic" changes critics say.
IFI Lending
Environment
News
IFC criticised over Peruvian mine investment
IFC’s accountability mechanism has criticised a series of errors in IFC’s social and environmental risk management of its Peruvian Quellaveco mine investment.
Finance
Analysis
Where is the public in PPPs? Analysing the World Bank’s support for public-private partnerships
A review of the World Bank’s support for public-private partnerships by the Independent Evaluation Group reveals a lack of proven poverty impacts.
IFI governance
News
Accountability mechanism strongly criticises IFC loan to Honduran bank
An audit by the IFC’s accountability mechanism says the IFC failed to adequately address environmental and social risks when it approved a $70 million loan to Honduran bank Ficohsa.
Finance
Analysis
IFC statements welcome but concrete action needed
Bretton Woods Project response to IFC executive vice president Cai’s Bank blog challenges the IFC’s commitment to address systemic problems.
Infrastructure
Analysis
The rise of the infrastructure giants
World Bank faces increased competition over large scale infrastructure in Asia, with the Asian Infrastructure Investment Bank and the BRICS Bank.
Conditionality
Analysis
IMF: Ukraine's "tough programme"; Egypt next?
The IMF’s provision of an exceptional access loan to Ukraine was presented as vital economic support, but many commentators fear that this loan is driven as much by political as economic necessity. Despite emphasising increased sensitivity to country circumstances, Fund policy recommendations in Egypt are very similar to its prescriptions for Ukraine.
Finance
News
Ballroom dancing in Bolivia: IFC investments remain questionable
IFC invests in another five-star hotel, raising further questions whether its investments lead to positive development outcomes.
Finance
News
Final IDA 17 numbers shrink under scrutiny
The release of the final IDA paper in April confirmed that IDA 17 represents a 7.7 per cent decline in IDA resources. The replenishment saw a loan of $1 billion from China and less generous lending terms for IDA borrowers.
Finance
Background
Financial tremors in developing countries: is another earthquake on the way?
Aldo Caliari Monetary policy changes in rich world are now starting – the reversal of…
