Two more external evaluations of the IMF’s activities are about to be completed.
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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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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.
IFI governance
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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.
IFI governance
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Greening the Bank: next steps
In September over 50 NGOs from 15 countries made recommendations to the World Bank on the environment.
Featured briefings
16 October 2024
The Bretton Woods Observer: Autumn 2024
16 October 2024
The lost call for international financial architecture reform in the G20
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
16 October 2024
Sustainable development requires sustainable finance: why local currency financing is part of the solution
Multilateral development banks can reduce their dependence on hard currency lending and make local currency financing a central element of their developmental mandate.