Voting rights

IFI governance

Background

Country classifications

A state's relationship with the IFIs and the type of assistance it receives is determined by its country classification. Some crucial types of classifications are: the World Bank's operational lending categories; the Bank's analytical categories used in the World Development Report; the IMF's operational and analytical categories, the IFC's frontier market category; the Bank's fragile state category; and the distinctions used by the Bank and IMF in deciding on and reporting success in governance

18 November 2011 | Inside the institutions

IFI governance

News

New World Bank corporate scorecard: adding value?

After discussions with the executive board and staff, but no public consultation, the Bank released a "corporate scorecard" in September, aiming to provide "a snapshot of the Bank's overall performance" to help "strategic dialogue between management and the board on progress made and areas that need attention."

18 November 2011

Accountability

News

Programmed for Results?

In August, the Bank released a policy paper and draft operational policy for its controversial new Program For Results (P4R) lending instrument, aiming to rush through its approval by the end of the year, despite significant concerns.

14 September 2011

Accountability

News

Scandals threaten IFI governance

With the new IMF head and a Bank’s managing director under judicial investigation, questions continue to be asked about IFI governance, while implementation of existing reforms remains slow.

14 September 2011

IFI governance

News

IFC weakens World Bank's transparency commitment

The new access to information policy at the International Finance Corporation (IFC), the World Bank’s private sector arm, has been criticised for being weaker than its public sector counterpart, and for allowing sweeping exceptions.

14 September 2011

Accountability

News

US legislators try to cut funding to IFIs

In late July, a US House of Representatives sub committee, now controlled by the Republican party, moved to slash funding to multilateral institutions.

14 September 2011

IFI governance

News

IEO publishes draft issues papers on IMF advice, learning systems

Over the summer the Independent Evaluation Office of the IMF released draft issues papers for two forthcoming evaluations.

14 September 2011

IFI governance

Background

China and the World Bank

China joined the World Bank in April 1980, and since then has been one of its largest borrowers and recipients of technical assistance. In recent years, China has gone beyond the only role of recipient country and has increased its influence on the Bank.

14 September 2011 | Inside the institutions

IFI governance

News

IMF may face resource shortfall, warns Lagarde

In late July, IMF head Christine Lagarde raised the prospect that the IMF simply does not have enough money to confront the possibility of major sovereign debt crises in Europe.

14 September 2011

IFI governance

News

World Bank lending falls by 20 per cent

The Bank announced in June that its commitments for the fiscal year ending 30 June, had fallen to $57.4 billion, from an all time peak of $72 billion last year.

14 September 2011