At the close of March's IMF-Africa conference, South Africa's finance minister Trevor Manuel insisted that a clear message be sent to G20 leaders about the effect the financial crisis will have on African economies.
Transparency-WB/IMF
Rights
News
World Bank's "environment" loan to Brazil: for what?
Once again the World Bank is lending money to Brazil, but without adequate transparency or participation of civil society.
Accountability
News
G20 ‘trillion’ dollar magic trick
To great fanfare, the G20 announced a $1.1 trillion global package, which will actually deliver less than half that amount in new or guaranteed resources. Meanwhile issues of fundamental economic reform were left off the agenda.
Accountability
News
World Bank debarred software provider
In December 2008 the World Bank declared that it had debarred Satyam Computer Services for providing "improper benefits to bank staff".
IFI governance
News
IFC accountability: alright in theory
According to the 2008 Global Accountability Report, written by UK NGO the One World Trust, the International Finance Corporation (IFC) scores well compared to other international institutions on its accountability policies.
IFI governance
News
IFI governance reform: rumbling slowly on?
Minor changes to World Bank governance were agreed at this year's annual meetings, with a timetable for further reform that could stretch to 2011. As pressure grows for fundamental reform of the international financial architecture, it is unclear whether this process will continue, and if the issue of IMF governance will be reopened.
Conditionality
News
Back from the dead
A few months ago pundits were calling time on the Fund, but the financial crisis' impact on emerging markets has brought it roaring back to life, with its usual dose of austerity and conditionality.
Conditionality
Background
Minutes from Video conference of UK NGOs with UK Executive Director to the IMF
Meeting exploring the IMF
Accountability
Background
Transparency at the World Bank and IMF
Links to GTI principles, reviews of Bank performance on transparency, and a new paper on IMF transparency.
Accountability
Commentary
European NGO statement on Bank governance reform
European governments, who hold eight chairs and have over 30% of the vote at the Bank, have a special responsibility to push for reform. We, the undersigned organisations, call upon our European governments to back a progressive proposal for transformation of the World Bank that includes the key reforms below.
