The external review of Bank-Fund collaboration, announced at the end of March is only now getting off the ground.
Voting rights
IFI governance
News
Uninspiring choice for IMF deputy director
Rodrigo de Rato missed a chance to move the Fund away from its lack of transparency in management selection when he nominated US banker John Lipsky as his new deputy managing director.
IFI governance
News
Internal financial crisis at the IMF
The impetus for the IMF strategic review has come as much from pressure to reform the institution as from a crisis in its finances. After Brazil and Argentina's early repayments, Indonesia, currently the second largest debtor to the Fund with nearly $8 billion outstanding, has promised to repay this year.
IFI governance
Analysis
Beware the big, bland wolf
What has most surprised World Bank watchers is how little Paul Wolfowitz has changed the institution he took over one year ago. On Africa, infrastructure, debt relief and the environment, he has stayed the course - for better or worse - set by his predecessor James Wolfensohn. On the high-profile issue of corruption, he has created a lot of noise, but many question whether or not he has a plan. Only in his management moves has he lived up to the fears - or in some cases wishes - of his critic
IFI governance
News
‘Cleaning’ energy
Environment and development groups have slated the World Bank’s ‘Clean energy and development: towards an investment framework’ for its perverse definition of clean energy, letting Northern polluters off the hook and neglecting the needs of the rural poor.
IFI governance
News
World Bank to ditch enviromental unit?
Rumours are circulating in Washington that a planned re-organisation of the Bank may spell the end for the Bank's environmental unit.
IFI governance
News
Wolfowitz announces new managing directors
President Wolfowitz appointed Graeme Wheeler and Juan Jose Daboub to managing director positions in April.
IFI governance
News
African EDs urge top-up for capacity building
As the pilot phase of the Analytical Trust Fund, which finances research to support Sub-Saharan African executive directors' participation on the boards of the Bank and Fund, draws to a close, directors urge its replenishment.
IFI governance
News
European Parliament weighs in on future direction of IMF
On 14 March, the IMF came in for some heavyweight political criticism as the European Parliament adopted a resolution on the strategic review of the Fund.
IFI governance
News
Fury at Wolfowitz political appointee
Kevin Kellems, advisor to Bank president Paul Wolfowitz since June 2005 and former spokesman for US vice president Dick Cheney, has been named director of strategy of the external affairs department.
