An IMF December staff discussion note from the IMF's research department, authorised by chief economist Olivier Blanchard, reveals that shadow banking now accounts for 25 per cent of global financial assets.
Notes of a meeting with UK executive director to the World Bank Gwen Hines in December 2012
Two October World Bank reports reveal a contradictory message for developing countries' labour markets.
This session will bring together experts from labour, development and business organizations to highlight issues and perspectives that need to be part of the review of these influential rankings.
The International Finance Corporation (IFC), the Bank's private sector arm, has attracted criticism for its purchase of a 6 per cent stake in Armajaro Trading, a London-based commodity trading house founded by controversial hedge fund trader, Anthony Ward.
While the G20 postponed decisions on issuing new special drawing rights (SDRs), the IMF-managed international reserve asset, the IMF completed its surveillance review and a new Fund report tackled the thorny issue of global imbalances.
The Compliance Advisor Ombudsman (CAO) of the International Finance Corporation (IFC), the World Bank's private sector arm, has accepted a complaint by local communities in Papua New Guinea referring to the IFC's role in advising the government on drawing up laws for special economic zones (SEZs).
Over the past year, World Bank chief economist Justin Lin has tried to reopen debate at the Bank over whether developing country governments should adopt active industrial policies, previously taboo at the institution.
The International Finance Corporation (IFC), the Bank's private sector lending arm, has come under fire for its business model, increasing use of financial intermediaries such as banks, funding of companies associated with tax havens, and its controversial Doing Business report.
The International Financial Corporation's (IFC) proposal to establish a Special Economic Zone (SEZ) in Papua New Guinea (PNG) has caused concerns within the country.