International

Knowledge

News

Bank/Fund growth model questioned

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.

15 March 1999

Accountability

News

Last ditch attempt to save Inspection Panel

On March 24 the World Bank Board will hold a special consultation session about likely changes to the Bank’s Independent Inspection Panel.

15 March 1999

Private Sector

News

New IFC chief expresses need for new inspiration

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.

15 March 1999

IFI governance

News

Bank participation in carbon fund in doubt

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.

15 March 1999

Infrastructure

News

Narmada dam construction restarts

Construction has restarted on the Sardar Sarovar (Narmada) dam, Western India, after a decision by the Supreme Court.

15 March 1999

News

IMF “serious” about improving NGOs relations

Useful Contacts

15 March 1999

Infrastructure

News

Dams Commission workplan nears completion

The World Commission on Dams has nearly completed its workplan and selected consultants to lead work on the thematic reviews.

15 March 1999

News

Thanks for support

The Bretton Woods Project thanks the CS Mott Foundation and Christian Aid for their continued support.

15 March 1999

Rights

News

Post-crisis social code diluted to weak Bank principles

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.

15 March 1999

Finance

News

New credit line means more IMF conditionality

The G7 proposal to establish a Contingency Credit Facility has met with opposition from some European and developing countries.

15 March 1999

IFI governance

News

Financial Stability Forum agreed

The G7 will establish a Financial Stability Forum (FSF) to improve the monitoring and regulation of financial markets.

15 March 1999

IFI governance

News

IMF social staff appointed

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.

15 March 1999