East Asia & Pacific

Conditionality

News

PNG Government avoids conditionality

Relations between the Bank and the government of Papua New Guinea were strained in July by the government’s decision to issue bonds to raise money from the private sector.

15 September 1999

Conditionality

News

WB-IMF orthodoxy rivalled by Asian Development Bank

The Asian Development Bank Institute (ADBI), led by its new head Masaru Yoshitomi, has mounted an attack on the IMF’s use of conventional policies for dealing with the crisis in Asia and plans to hold meetings and seminars to challenge the IMF’s approach at the Bank/Fund annual meetings.

15 September 1999

Accountability

News

Indonesian NGOs criticise safety net, oppose new loans

In response to concerns that ruling party Golkar would misuse World Bank funds for election purposes, the Bank and IMF agreed in May to put new loans into a special Bank of Indonesia account.

15 June 1999

IFI governance

News

World Bank appoints senior policy compliance advisor

The World Bank Group has appointed the first IFC/MIGA Compliance Advisor/Ombudsperson.

15 June 1999

Land

News

Indonesian farmers criticise Bank project

The Yayasan Duta Awam Foundation (YDA) has conducted a 15 month grassroots investigation of the Bank-financed Integrated Swamps Development Project.

15 June 1999

Rights

News

Poverty project endangers Tibetans

In early June the World Bank rushed to defend the proposed China Western Poverty Project from charges that it would disrupt the lives of ethnic Tibetans and had undergone too limited environmental scrutiny.

15 June 1999

Knowledge

News

Democracy and civil society rise up Bank’s agenda

At the end of February the World Bank and the Government of Korea hosted a conference entitled Democracy, Market Economy and Development.

15 March 1999

Conditionality

News

Bank reforms leading to “social disaster” in Sri Lanka

MONLAR, a network of Sri Lankan people’s organisations, has written to the World Bank pointing out that social and equity issues have been overlooked, and democracy has been infringed in its pursuit of structural adjustment in Sri Lanka.

15 March 1999

Knowledge

News

Early fears of mass Indonesian poverty “unfounded”, says Bank

The worst fears of massive increases in poverty in Indonesia are “unfounded” according to a report by the World Bank, which draws on 3 new surveys on the social implications of the financial crisis.

15 March 1999

Social services

News

Indonesian safety nets condemned

The coordination, coverage and targetting of public works schemes in Indonesia, part of the Bank’s safety-net programme, has been poor, and resources have been diverted for other uses.

15 March 1999

Social services

News

Safety-nets: too little too late

The World Bank has been criticised for taking too long to implement its safety-net programmes in Indonesia, and for failing to ensure that public works benefit the most needy.

15 December 1998

News

Philippines meeting to assess alternatives to globalisation

IBON Foundation Inc. and BAYAN (New Patriotic Alliance) are organising a conference from 8-11th November to discuss alternative strategies and paradigms to neo-liberal globalisation.

15 September 1998