A new report, commissioned by the Government of Norway, reveals that the World Bank has a long way to go in clarifying and operationalising its poverty reduction objectives.
International
Rights
News
Mining conference
A World Bank conference this July in Padang, Papua New Guinea, discussed “mining and the community in South-East Asia” but many NGOs known to represent mine-affected people were not invited.
Knowledge
News
What is the WDR for, and how is it produced?
Given the lack of clarity and satisfaction about how WDRs are produced, and the difficulty of persuading the authors to recognise and include alternative views, the Bretton Woods Project has written to the Bank asking for a formal explanation.
Finance
News
Preventing private sector debt crises
In addition to extending the IMF’s role, its governors have been examining measures to prevent future financial sector crises.
Rights
News
IMF PR tour
The IMF is holding a meeting in late May in Ghana to explain its strategy to NGOs there.
Knowledge
News
Stiglitz questions outdated “Washington consensus”
Giving the WIDER annual lecture in Helsinki the World Bank Chief Economist called for a…
News
WTO protests grow
The Second Ministerial Conference of the World Trade Organization (WTO) in Geneva was marked by protests in many countries.
Knowledge
News
CAS analysis improves, but still limited
The quality of Bank country assistance strategies (CASs) has improved in the last two years, concludes a recent Bank review.
IFI governance
News
Bank’s “new” adjustment programmes reviewed
The Bank is just completing a review of three years of "Higher Impact Adjustment Lending"…
Rights
News
NGO approach debated
In March the Bank Board discussed the Bank’s approach to NGOs.
IFI governance
News
Adjusting the SPA
Donor procedures and aid coordination have improved and resource flows to Sub-Saharan African countries increased under the Special Programme of Assistance for Africa (SPA), according to a recent report.
Finance
News
Loan costs set to rise
Borrowers from the International Bank for Reconstruction and Development (IBRD), the main World Bank lending arm, may have to pay higher charges for their loans in the future.
Featured briefings
6 April 2023
World Bank and IMF Spring Meetings 2023
5 April 2023
The IMF at the 75th anniversary of the Universal Declaration of Human Rights: The need for governance reform
As the world celebrates the 75th anniversary of the Universal Declaration of Human Rights, it is time the IMF’s shareholders use the opportunities provided by the anniversary and growing calls for reforms to the international financial architecture to redesign the IMF’s governance structures and programmes to ensure they are consistent with the commitments outlined in 1948 and with international human rights law.
5 April 2023
The global financial architecture and the international debt crisis: An urgent call for reform
Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.