Both ENDS and the Bretton Woods Project co-organised a roundtable meeting in early March to discuss the World Bank and IMF’s core economic models.
On March 24 the World Bank Board will hold a special consultation session about likely changes to the Bank’s Independent Inspection Panel.
Peter Woicke, new Executive Vice President of IFC (the World Bank’s private finance investment arm) told IFC magazine Impact why he left J.P. Morgan Securities after 29 years.
The World Bank may have failed to secure European financial support for the Prototype Carbon Fund, one of the controversial carbon-trading schemes devised to implement the Kyoto climate change protocol.
Construction has restarted on the Sardar Sarovar (Narmada) dam, Western India, after a decision by the Supreme Court.
The World Commission on Dams has nearly completed its workplan and selected consultants to lead work on the thematic reviews.
The Bretton Woods Project thanks the CS Mott Foundation and Christian Aid for their continued support.
There is danger that the aims and scope of the social principles (formerly the Social Code), which was proposed by Gordon Brown as a fourth pillar of the new international architecure, will be watered down to become simply a framework for the Bank’s social policy.
The G7 proposal to establish a Contingency Credit Facility has met with opposition from some European and developing countries.
The G7 will establish a Financial Stability Forum (FSF) to improve the monitoring and regulation of financial markets.
The UK Department for International Development is funding 2 social advisors to join the IMF’s Africa department to advise on the social implications of the IMF’s ESAF programmes.