As developing countries continue to complain about the US failing to approve IMF governance reforms, the US Treasury formally resubmitted a request for the approval to US Congress.
Voting rights
IFI governance
News
IMF board responds to IEO assessment
Following the publication of the Fund's response to the IEO evaluation report which was endorsed by the Board in April, the IMF has published its three-part implementation plan on international reserves including a successor paper updating the Fund's 2011 work on reserve adequacy.
IFI governance
News
World Bank governance reforms benefit rich countries
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.
IFI governance
Analysis
Memorandum to the International Development Committee
In written evidence submitted to the UK parliament's International Development Committee, we argue that further reform of the World Bank is needed.
IFI governance
Background
Leaked documents: World Bank strategy draft recommendations
Web links for the leaked documents about the World Bank's strategy.
IFI governance
Analysis
World Bank's new strategy: 'deliverology' for the private sector?
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.
IFI governance
News
Doing Business not related to growth
The future of "Doing Business" has nothing to do with World Bank President Jim Yong Kim's opinion of growth ("Stand up for 'Doing Business'", The Economist, 25 May). You confuse growth with a set of indicators which many inside and outside the Bank find fundamentally flawed.
IFI governance
Background
Civil society meeting with Steve Field, UK IMF Executive Director
Minutes of CSO meeting with Steve Field UK IMF Executive Director, 9 April 2013
IFI governance
Background
IMF reform in developing country perspective
Notes from IMF 2013 Spring meetings civil society forum event
Infrastructure
Background
Colombia case study: results measurement and poverty eradication
This session examined Colombia's private sector partnerships and poverty eradication programme.
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21 July 2022
Ending “absolute immunity” for the International Finance Corporation: The legacy of Jam v. IFC
EarthRights International examines how the Jam v. IFC case has helped to shift the landscape of accountability for international financial institutions by successfully challenging their claim to “absolute” immunity in US courts, potentially opening IFC up to further legal challenges in future.
21 July 2022
The Bretton Woods Observer: Summer 2022
14 April 2022