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East Asia & Pacific

Participants at a recent Fight Inequality Alliance event.

Finance

News

Fight Inequality Alliance prepares for Annual Meetings in Bali

Fight Inequality Alliance meets in Brazil to plan action against current shocking levels of inequality and prepare for World Bank and IMF October Annual meetings in Bali, Indonesia.

27 July 2018 | Event

IFI governance

Background

Financing development through financial intermediaries: Exploring best practices in transparency

Notes from the 19 April Civil Society Policy Forum session on financing development through financial intermediaries at the World Bank and IMF Spring Meetings.

19 April 2018 | Minutes

Conditionality

Analysis

Pro-poor or anti-poor? The World Bank and IMF’s approach to social protection

Stephen Kidd critiques Bretton Woods Institutions' approach to targeted social protection systems, arguing the poor lose out the most.

28 March 2018 | Briefing

Accountability

Analysis

The IMF in insecure fragile states: why being absent should no longer be an option

While there is scope to improve IMF operations in all fragile states, ahead of the forthcoming publication of the IMF IEO review of IMF work in fragile states, there is one fundamental change it must make to transform its effectiveness in fragile states: wherever it is possible, it must be present. No country should be left out.

20 March 2018 | At Issue

Private Sector

Analysis

How the Bank’s push for microcredit failed the poor

Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.

8 December 2017 | At Issue

Knowledge

Analysis

Chinese growth’s contribution to poverty reduction challenges World Bank and IMF neoliberal policies

CEPR report found that two-thirds of extreme poverty during past 25 years took place in China, which did not follow World Bank and IMF neoliberal policies.

6 December 2017

Environment

News

Shared prosperity? WBG fails to progress on energy access for poor

A new civil society report criticises the World Bank for not doing enough to help meet Sustainable Energy for All (SEforAll) objective of achieving universal energy access by 2030.

6 December 2017

Rights

Analysis

The IMF, Gender Equality and Labour

BWP briefing explores IMF's labour market policies in the context of women in the informal economy and suggests they will not contribute to decreasing inequalities.

2 October 2017 | Briefing
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Other news

IFI governance

News

World Bank general capital increase to be formalised in October

World Bank board to formalise contentious general capital increase at October Annual Meetings

27 July 2018

Environment

News

Landmark climate-change complaint against IFC lodged in Philippines

The Philippine Movement for Climate Justice (PMCJ) makes history by filing first ever climate-related complaint against the IFC with the Compliance Advisor Ombudsman (CAO).

6 December 2017

Rights

News

Indonesian CSOs demand World Bank stop funding infrastructure funds

Indonesian organisations have demanded that the World Bank stops funding harmful infrastructure funds, highlighting impacts on the environment and indigenous communities.

7 April 2017

Conditionality

News

New IMF Mongolia deal: extracting sovereignty

IMF reaches new loan agreement with Mongolia, amidst civil society concerns about impacts on Mongolian people.

7 April 2017

Private Sector

News

World Bank arbitration mechanism ICSID rules in favour of El Salvador

ICSID, a World Bank arm for investor-state dispute arbitration, ruled that the $250 million case brought by Pac Rim Cayman against El Salvador in 2009 was without merit.

31 January 2017

IFI governance

Background

From accountability to action – the role of management

Notes from a side event at the IMF/World Bank 2016 annual meetings on the role of management in ensuring development banks responds appropriately to community complaints.

7 October 2016 | Minutes

Social services

News

US Congresswoman criticises World Bank investments in water privatisation

A US Congresswoman has called for an end to the World Bank’s investments in water privatisation until a robust evaluation has taken place.

29 June 2016

Finance

News

World Bank and AIIB sign joint co-financing agreement

The World Bank has signed a co-financing agreement with the Asian Infrastructure Investment Bank, while former Bank staff join the new institution.

29 June 2016
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