Voting rights

IFI governance

News

Bank seeks balanced development strategies

Bank President James Wolfensohn has announced a new initiative which aims to balance economic with non-economic analysis and enable real participation and transparency in drawing up country strategies.

15 March 1999

IFI governance

News

Bolivian NGOs angry at misrepresentation

Key Bolivian NGOs feel that Wolfensohn has misrepresented the Bolivian National Dialogue (carried out in 1997) and subsequent process as a model for other countries to follow.

15 March 1999

IFI governance

News

Financial Stability Forum agreed

The G7 will establish a Financial Stability Forum (FSF) to improve the monitoring and regulation of financial markets.

15 March 1999

IFI governance

News

IMF social staff appointed

The UK Department for International Development is funding 2 social advisors to join the IMF’s Africa department to advise on the social implications of the IMF’s ESAF programmes.

15 March 1999

IFI governance

News

World Bank outlines plans for more active European engagement

The Bank’s new Vice President for Europe, Jean-Francois Rischard aims to increase the Bank’s engagement with European NGOs and academics.

15 March 1999

IFI governance

News

Bank participation in carbon fund in doubt

The World Bank may have failed to secure European financial support for the Prototype Carbon Fund, one of the controversial carbon-trading schemes devised to implement the Kyoto climate change protocol.

15 March 1999

IFI governance

News

Greening the Bank: next steps

In September over 50 NGOs from 15 countries made recommendations to the World Bank on the environment.

15 December 1998

IFI governance

News

Transparency

The G7 has agreed to the G22 Working Group on Transparency and Accountability’s recommendation to establish a formal mechanism to evaluate IMF policies and programmes, but it is not clear what form this will take.

15 December 1998

IFI governance

News

New analysis of how to change the Bank

MIT Press has just published a fascinating analysis of efforts to change the World Bank.

15 September 1998

IFI governance

News

East Asia Crisis group examines NGO roles

The World Bank has established an East Asia Crisis working group to tackle some of the social aspects of the financial crisis.

15 September 1998