Since March, the Bank has posted a revision of its policy on poverty reduction. Bankwatchers are concerned by the language of the policy which they say represents a significant step backwards from the World Development Report 2000 on poverty.
Civil society commentary on the 'IMF Staff Note on Macroeconomic Programming for Poverty Reduction'
Three years ago the IMF announced that poverty reduction would be its new priority. A quick look at the composition of IMF staff gives an indication of how well equipped the Fund is to address the multidimensional nature of poverty.
Fresh and varied exercise in imagining a new World Bank with contributions from a range of UK and US-based academics and activists.
NGOs have expressed concern that their objectives of opening up debates about different social and economic policy options are not being met through current approaches.
MPs on the International Development Select Committee questioned Clare Short on: debt, PRSPs, PSIA, Bank governance, social and environmental policies, privatisation of services, education and trade capacity building.
Bank development economist, Branko Milanovic, has released papers which contradict the Bank line on trade: the first rejects Bank dogma linking trade openness and poverty reduction; the second argues that increased openness leads to greater income inequality in poor countries.
The Bank’s role in trade capacity building affords enormous influence over the hearts and minds of trade policy makers and the way in which trade is mainstreamed into national development plans. The initial experience of the Integrated Framework programme shows that there is reason for concern. (September 2002)
Is the world "on the right track" in terms of poverty reduction? The World Bank…
On 4 July, IMF chief Horst K