International

Finance

News

Capital punishment

A new report from UK NGO CAFOD criticises the IMF response to the financial crisis as “inadequate and at times harmful to the interests of the poor” and urges “deep reforms”.

15 December 1999

Conditionality

News

Southern organisations demand end to adjustment

Organizations and activists in more than 20 Southern countries have launched a campaign against the destructive lending policies of the World Bank.

15 December 1999

Finance

News

Ecological debt outweighs financial debt

The view that poor countries owe the rich millions of dollars in loan repayments is challenged by a Christian Aid report.

15 December 1999

Rights

News

Bank adjustment directive under discussion

The World Bank is revising its Operational Directive for Structural Adjustment Lending.

15 December 1999

Environment

News

Wanted: a new global monetary system

Debates on international finance are taken further in a new book which argues for the democratization of money creation and a new basis for the work of the IMF.

15 December 1999

Environment

News

NGO review of Bank social assessments

US NGO grouping InterAction is reviewing Bank social assessments.

15 September 1999

Private Sector

News

WB corporate governance initiative explained

Ann Simpson, head of the World Bank’s new corporate governance initiative, explained her plans to UK NGOs in August.

15 September 1999

Rights

News

Civil society engagement in Consultative Groups

UK NGO Christian Aid has begun a research project on the role of civil society groups in Consultative Group and Round Table donor coordination and planning bodies.

15 September 1999

Rights

News

UK committee criticises Bank and Fund over conflict roles

The UK International Development Select Committee of MPs has criticised the IMF and Bank for failing to raise concerns with the Rwandan government about the discrimination and intimidation of Tutsis prior to the civil war.

15 September 1999

Social services

News

Bank doubts wisdom of private infrastructure

The Financial Times reported in July that World Bank East Asia Vice President Jean-Michel Severino admitted that the Bank and other organisations had been naive about the benefits of private infrastructure.

15 September 1999

Accountability

News

Bank develops “governance indicators”

On 1 July the Bank held an informal Board seminar to discuss “governance indicators”.

15 September 1999

Knowledge

News

Independent e-conference on Poverty WDR first draft

The Bretton Woods Project will run an electronic conference to discuss the first draft of the World Bank’s Poverty World Development Report.

15 September 1999