Wolfensohn’s Comprehensive Development Framework, which aims to make the World Bank more responsive to different policy proposals, and encourage long-term, integrated decision-making, is now being piloted in 12 countries.
Voting rights
IFI governance
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Bank hires UK corporate governance expert
This summer Anne Simpson will leave Pensions and Investment Research Consultants to develop the World Bank’s corporate governance strategy for the private sector.
IFI governance
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New Bank NGO chief unveils plans
This spring Willy Reuben left a Costa Rican NGO to join the World Bank as head of its NGO Unit.
IFI governance
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IMF voting reform examined
A small committee has been set up to investigate whether to reform the IMF’s formula for allocating votes between countries on its Board.
IFI governance
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Instituting IMF evaluation
Two more external evaluations of the IMF’s activities are about to be completed.
IFI governance
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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.
IFI governance
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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.
IFI governance
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Financial Stability Forum agreed
The G7 will establish a Financial Stability Forum (FSF) to improve the monitoring and regulation of financial markets.
IFI governance
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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.
IFI governance
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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.
