In March the Bank Board discussed the Bank’s approach to NGOs.
International
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.
Knowledge
News
Faith meets finance
In February World Bank President James Wolfensohn met the leaders of nine religious faiths to discuss views on development.
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.
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.
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.
Knowledge
News
Stiglitz questions outdated “Washington consensus”
Giving the WIDER annual lecture in Helsinki the World Bank Chief Economist called for a…
IFI governance
News
Bank’s “new” adjustment programmes reviewed
The Bank is just completing a review of three years of "Higher Impact Adjustment Lending"…
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.
Finance
News
J2000 mobilise 70,000
An estimated 70,000 people demonstrated in Birmingham to call on G8 leaders to cancel poor countries’ unpayable debts.
Finance
News
Private flows slowdown
Private capital flows fell sharply in the latter half of 1997 after having risen in the beginning of the year, as short-term capital flowed out of emerging markets in the wake of the Asian crisis.
Knowledge
News
Bulletin dissects Bank report on the State
The April 1998 Institute for Development Studies Bulletin critiques the Bank’s World Development Report, The State in a Changing World.
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The lost call for international financial architecture reform in the G20
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.