International

Rights

News

IMF PR tour

The IMF is holding a meeting in late May in Ghana to explain its strategy to NGOs there.

15 April 1998

IFI governance

News

Sibling rivalry: can the Fund and Bank cooperate?

UK Secretary of State for International Development Clare Short told the Financial Times in April: “We are in a very silly situation. The international institutions are meant to be complementary, but the IMF keeps charging around taking other peoples’ jobs in areas where it is not necessarily competent”.

15 April 1998

News

WTO protests grow

The Second Ministerial Conference of the World Trade Organization (WTO) in Geneva was marked by protests in many countries.

15 April 1998

IFI governance

News

Bank builds muscle to deal with crises

The Bank will spend $50m over the next two years recruiting financial sector experts for a new Special Financial Operations unit.

15 April 1998

Rights

News

NGO approach debated

In March the Bank Board discussed the Bank’s approach to NGOs.

15 April 1998

Conditionality

News

ESAF review: new IMF strategy urged

More flexibility and a new approach was suggested in the external review of the Enhanced Structural Adjustment Facility (IMF loans to poorer countries) published in March.

15 April 1998

Knowledge

News

Faith meets finance

In February World Bank President James Wolfensohn met the leaders of nine religious faiths to discuss views on development.

15 April 1998

IFI governance

News

Policing the policemen

The IMF has been urged to be more transparent and accountable by a US Study Group convened by the Centre of Concern, and by the UK Chancellor.

15 April 1998

IFI governance

News

Bank reform: what’s new?

In April the Bank’s Board discussed a progress report on the Strategic Compact: Wolfensohn’s reform package agreed one year ago.

15 April 1998

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.

15 April 1998

Knowledge

News

Stiglitz questions outdated “Washington consensus”

Giving the WIDER annual lecture in Helsinki the World Bank Chief Economist called for a…

15 April 1998

IFI governance

News

Bank’s “new” adjustment programmes reviewed

The Bank is just completing a review of three years of "Higher Impact Adjustment Lending"…

15 April 1998