Norway, Germany, IMF, WOrld Bank and experts discuss tackling tax evasion and capital flight.
Although conditions attached to food and fuel crisis lending are somewhat lighter, the Bank and the Fund should turn the crisis into an opportunity to learn that finance can be granted without the usual strings attached.
IMF programmes for low-income countries continue to restrict governments' choices of how to fund development and how to manage the trade-offs.
The UK's Department for International Development (DFID) has sheepishly defended itself in its government response to the International Development Committee's (IDC) report DFID and the World Bank.
Notes of a consultation between IMF staff and NGOs in advance of the PSI review
In Europe, Asia and the United States, civil society has campaigned for reform of the World Bank through the replenishment process of the International Development Association.
In mid-October the IMF board considered the next in a series of policy papers defining the Fund’s role in low-income countries, but the board was divided on whether the institution should commit more resources (meaning staff time) to work in poor countries
An IMF mission visited Dhaka in September 2007 to sign a PSI and put another chain around the country's neck. But the people of Bangladesh did not behave as the mission expected. They said a loud “NO” to the IMF mission.
Highlights of a 20 October discussion on the the IMF's fiscal and monetary policy advice and conditionality for low-income countries at the World Bank-IMF annual meetings 2007.
Highlights of a 21 October discussion on the IMF's Policy Support Instrument (PSI) at the World Bank-IMF annual meetings 2007.