US legislature’s spending bill blocks IMF governance reform, insists the World Bank pay reparations to communities that suffer human rights abuses, and bans US support for large dams or extractive projects in tropical forests.
Detailed analysis of the communiqués from the 2013 World Bank and IMF annual meetings.
The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2013.
Countries, including Russia and India, have continued to express concerns over the failure to complete the 2010 IMF quota reform.
Minutes of CSO meeting with Stewart James, UK Alternate Executive Director to the World Bank, 15 July 2013
A June academic paper argued that rich countries manipulated the last World Bank governance reform process in 2010 (see Update 60) and proposed a new, fairer way to distribute voting rights at the Bank.
In written evidence submitted to the UK parliament's International Development Committee, we argue that further reform of the World Bank is needed.
Web links for the leaked documents about the World Bank's strategy.
As the World Bank's attention moves from goal-setting to implementation of a new strategy, it is becoming clear that it intends to further prioritise the role of the private sector and adopt many practices of its private sector arm, the International Finance Corporation (IFC), as the main pillars for the whole group.
Eimi Watanabe, a Japanese national, has been appointed to chair the World Bank's Inspection Panel for one year starting in May.