Voting rights

IFI governance

News

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.

15 June 1999

IFI governance

News

Instituting IMF evaluation

Two more external evaluations of the IMF’s activities are about to be completed.

15 June 1999

IFI governance

News

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.

15 June 1999

IFI governance

News

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.

15 June 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

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