Next year the World Bank will produce a Policy Research Report (PRR) on Gender Development.
International
Finance
News
New IMF credit plan too harsh
The IMF’s Contingency Credit Line (CCL), agreed during the Spring meetings, will not help developing countries facing financial crisis because the qualification conditions are too demanding.
Conditionality
News
Forest conditionality explored
A new paper from the World Resources Institute examines the World Bank’s use of adjustment lending to promote policy reform for favourable environmental outcomes.
Conditionality
News
Initiative changes
The G7 have agreed changes to the Heavily Indebted Poor Country Debt Initiative which will impose more conditionality in return for earlier relief from interest payments.
Finance
News
G7 agree crisis mechanisms
G7 finance ministers have agreed a framework to include the private sector in future crisis bailouts.
Knowledge
News
WDR to tackle trade, finance, global environment
The World Bank’s 1999/2000 World Development Report, due for release in September, will contain much material of interest to NGOs working on international policy issues.
IFI governance
News
Bank study finds adjustment impact studies inadequate
A leaked May 1999 draft Bank review of structural and sectoral adjustment loans severely criticises their treatment of environmental and social issues.
IFI governance
News
IMF voting reform examined
A small committee has been set up to investigate whether to reform the IMF’s formula for allocating votes between countries on its Board.
Accountability
News
World Bank appoints senior policy compliance advisor
The World Bank Group has appointed the first IFC/MIGA Compliance Advisor/Ombudsperson.
Environment
News
CASE studies start
The Bank’s Environment Department is working with its country teams to develop “best practice” on greening Country Assistance Strategies (CASs).
IFI governance
News
Instituting IMF evaluation
Two more external evaluations of the IMF’s activities are about to be completed.
Private Sector
News
MIGA policies finalised
In May the Board of Directors of MIGA, the World Bank Group’s private sector risk guarantee arm, agreed new policies and procedures.
Featured briefings
6 April 2022
The Bretton Woods Observer: Spring 2022
8 December 2021
The Bretton Woods Observer: Winter 2021
8 November 2021
IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.