Voting rights

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

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

Towards a partnership Bank?

A refreshing new World Bank discussion paper frankly recognises that aid agencies are not cooperating effectively, and that mechanisms such as Consultative Groups and the Bank’s internal culture need to change.

15 September 1998

IFI governance

News

Blair proposes IFI reforms

UK Prime Minister Tony Blair made a speech at the New York Stock Exchange arguing that the World Bank and IMF have fundamental weaknesses and need to be reformed.

15 September 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

IFI governance

News

Senior Bank environment post kept after NGO letter

A joint NGO letter recently helped prevent a plan by World Bank Managing Directors to axe the Environmentally and Socially Sustainable Development Vice Presidency (ESSD).

15 September 1998

IFI governance

News

Bank builds muscle to deal with crises

The Bank will spend $50m over the next two years recruiting financial sector experts for a new Special Financial Operations unit.

15 April 1998

IFI governance

News

World Bank Plans Profitable CO2 Trading

The Kyoto climate change meeting in December brought together ministers from 160 countries to agree binding restrictions on greenhouse gas emissions.

15 January 1998