Voting rights

IFI governance

News

Spring meetings 2013: communiqués coverage

Coverage of the communiqu

22 April 2013

IFI governance

Background

From the Arab revolutions to global austerity trends

This session examined issues thrown up by the Arab revolutions, including the fiscal, monetary, tax and investment policies being considered by governments facilitating, or hindering countries in the Arab and other regions in building an inclusive economy and supporting socioeconomic recovery, the impact on public expenditure for the strengthening of education, health, and other social sectors as well as the management of chronic and high unemployment and high food and fuel prices.

22 April 2013 | Minutes

IFI governance

Background

World Bank executive directors roundtable with CSOs

Minutes of an open roundtable with EDs that occurred during the 2013 spring meetings.

19 April 2013 | Minutes

IFI governance

News

Six in a row: another Japanese national appointed to head MIGA

World Bank president Jim Yong Kim announced the appointment of Keiko Honda as executive vice president of the Multilateral Investment Guarantee Agency in late March, the sixth Japanese national in a row to hold the post.

9 April 2013

IFI governance

News

BRICS challenge IFIs

Large middle-income countries jointly initiated alternatives to the World Bank and IMF in March, but advocates are not satisfied with either set of institutions. While challenge to the IMF has been welcomed, civil society actors fear that a new development bank would serve "vested interests" and could lead to "exploitation".

8 April 2013

IFI governance

Background

World Bank staff incentives

The World Bank Group's staff incentives and compensation schemes are considered important drivers of the Bank institution's successes and failures.

8 April 2013 | Inside the institutions

IFI governance

News

US deadlock stalls IMF governance reform

The IMF governance debate goes beyond the mathematics of voting shares and representation, bringing to the fore critical questions about the Fund's legitimacy.

8 April 2013

IFI governance

News

IFC appoints American to general counsel role

The International Finance Corporation appointed US-national Ethiopis Tafara as its vice president and general counsel on 1 April.

8 April 2013

IFI governance

News

World Bank's trust fund annual report shows slight decline in number of funds

The Bank published its 2012 annual report for trust funds end January.

8 April 2013

IFI governance

News

IMF governance "credibility cliff"?

After missing the October deadline to approve the governance reforms agreed in 2010, IMF shareholders have also missed the January 2013 deadline to agree changes in the IMF quota formula.

13 February 2013