International

Conditionality

News

Selectivity: conditionality by any other name

Government officials met the World Bank in March to discuss new criteria for allocating its IDA (soft loan) resources among countries.

15 March 1999

Private Sector

News

Confusion about WB private sector review

Government officials who negotiated contributions to the Bank’s IDA 12 lending window agreed with the Bank that “a clear private sector development strategy should be established for the World bank Group during the course of 1999 to guide the work of the IBRD, IDA, IFC and MIGA”.

15 March 1999

Knowledge

News

Green accounting debate in crucial stage

For about a decade the World Bank has made occasional statements that countries should move away from orthodox national accounts and integrate environmental and social costs and benefits.

15 December 1998

IFI governance

News

New criticisms of the Bank’s resettlement record

A new official report has criticised the Bank’s record in overseeing the resettlement of people displaced by projects it supports.

15 December 1998

IFI governance

News

Partnerships action

The World Bank has finished consultations on its partnership initiative to “put committed governments and their people at the centre of the development process” and agreed some action steps for the next few months.

15 December 1998

Knowledge

News

Major new Bank report on aid

A major new Policy Research Report by the Bank argues that it is pointless to provide aid money to countries unless they have certain economic policies and a good institutional environment.

15 December 1998

IFI governance

News

IMF looks to hire PR firm

The IMF has decided to hire a new public relations firm to bolster its battered image.

15 December 1998

Knowledge

News

Poverty WDR virtual consultations

In September the World Bank organised an electronic consultation on its planned poverty World Development Report, due out October 2000.

15 December 1998

News

IMF forecasts in doubt again

Just two weeks after it published its “World Economic Outlook” in September the Fund admitted some of its figures were out of date and would have to be revised downward.

15 December 1998

Knowledge

News

Globalization and institutions: the Bank aims to set agenda

The World Bank’s World Development Report for next year will tackle the thorny questions of which institutions can direct economic, social and environmental policies in an age of globalization.

15 December 1998

Accountability

News

IFC new ombudsman, consultation document

The IFC is appointing an environmental and social compliance ombudsman to monitor implementation of environmental and social policies.

15 December 1998

Social services

News

Social policy limitations

Bob Deacon, Director of the Globalization and Social Policy Programme (based in Sheffield and Helsinki) criticised the World Bank’s stand on social policy at a recent Overseas Development Institute discussion meeting in London.

15 December 1998