Last year BRICS' leaders agreed to launch a BRICS development bank. Whether this is considered positive depends in part what questions are being asked. Sameer Dossani of ActionAid International highlights the flaws in the World Bank and IMF, analyses whether a BRICS Bank could be different from these institutions and proposes what it should do and what it should look like.
Pakistan’s education system has recently received enormous global attention however the increase in World Bank-backed investment in low cost private schools threatens to undermine recent government moves and the campaign to provide all children with free compulsory education.
The IMF has reformed lending facilities for low income countries, introducing three credit facilities; the Policy Support Instrument, a non-financing programme will monitor the mechanisms with a review expected in 2015.
The World Bank publishes draft of a proposed new operational policy on guarantees.
The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2013.
Countries, amounting to 90 per cent of voting rights, have given agreement to transfer their IMF allocations from gold sales to low income countries.
A World Bank website purporting to give more transparency on Bank group trust fund datasets has been labelled by a freedom of information website are not reader friendly.
The IMF has approved Romania's precautionary stand-by agreement, but critics have questioned the pervasiveness of structural conditionality in the IMF's advice.
New America Foundation civil society event on subsidy reform in Arab countries, held in the civil society forum of the 2013 IMF/World Bank annual meetings
Notes from a civil society forum on economic impact of IMF programmes in low-income countries, 10 October 2013