A meeting, organised by Bretton Woods Project and Heinrich B
During the Spring Meetings NGOs had a disappointing meeting with Joanne Salop, Vice President for Operations Policy and Strategy.
The global economic slowdown and donor countries’ differing views on what to do about it, pushed issues related to the world’s poorest nations to the sidelines of public debate on this year’s spring meetings of the IMF and World Bank.
Prepared for the World Bank-IMF Spring meetings 2001, a short analysis of the World Bank’s understanding of the global public goods and which areas it plans to concentrate on.
Bank president James Wolfensohn surprised NGOs at the annual meetings by suggesting that he would consider establishing a new world commission to look into concerns about the oil, gas and mining industries.
At the Annual Meetings South African Finance Minister, Trevor Manuel, demanded a more powerful voice for developing countries.
Despite the public pressure it faced, the World Bank tried to use the Prague annual meetings to extend its remit to new issue areas.
The annual meetings of the World Bank and IMF will be the occasion for high-level official decision-making about the future of the institutions as well as protests and alternative discussions among civil society groups.
Joseph Stiglitz, former World Bank chief economist, took the opportunity of the extensive media interest in the planned protests against the Bank and IMF at their Spring Meetings to launch an attack on IMF policy advice and practices.
Leaflets with sharply contrasting views about the International Finance Corporation (IFC) were distributed at the Spring meetings.