Fight Inequality Alliance meets in Brazil to plan action against current shocking levels of inequality and prepare for World Bank and IMF October Annual meetings in Bali, Indonesia.
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Latin America & Caribbean
Conditionality
Analysis
The political cost of IMF programmes
As Jordan is engulfed in social unrest and political upheaval, questions are raised around the relationship between IMF conditionality and trends in instability.
Finance
Analysis
The World Bank and the globalisation of housing finance
In prioritising capital market expansion, the needs of the lowest income groups are not being effectively addressed through World Bank interventions.
Environment
News
World Bank DPL paves way for offshore drilling in Guyana, despite CSO concerns
Bank approves $35 million development policy loan to help Guyana commence offshore drilling, amidst CSO legal challenge to offshore drilling permits
Conditionality
Analysis
Bad news for Argentina: The cruel IMF is back
As Argentina agrees to a $50 billion IMF loan, the ghost of loans past lingers, as protests erupt and strikes begin.
Conditionality
Analysis
The impacts of IMF-backed austerity on women’s rights in Brazil
The IMF and World Bank-endorsed 20 year spending freeze in Brazil disproportionately impacts women and other marginalised groups, despite less harmful alternatives being available
Conditionality
Analysis
World Bank report on fiscal adjustment in Brazil: questionable analysis; unfair policies
The World Bank’s report on public spending in Brazil raises serious questions about the methodology used and relevance of the report’s focus on fiscal consolidation in light of its own admission that the deterioration of Brazil’s fiscal situation is due principally to the recession.
Land
Analysis
The wrongdoings of the Doing Business Rankings and the corporate take-over of agriculture
Civil society urges the World Bank to scrap DBR and EBA, claiming the latter harms small-scale farmers by putting corporate interests first.
Other news
Accountability
News
CAO opens case in Chile on World Bank project Alto Maipo
In March CAO found a complaint on behalf of communities affected by IFC’s investment in the Alto Maipo hydroelectric project in Chile eligible for further assessment.
Conditionality
News
Suriname walks away from IMF conditionalities
The government of Suriname has cancelled its loan programme with the IMF, claiming its conditionalities were too much to bear for its citizens.
Accountability
News
CSO letter raises concerns about World Bank security personnel safeguards
CSO ICAR submitted a letter to the World Bank about safeguarding provisions on the use of public and private security personnel. Concerns were raised about the inappropriate use of force and high-risk situations.
IFI governance
Background
Engaging citizens for better development results
Notes from IEG-sponsored citizen's engagement civil society policy forum session - 19 April
Private Sector
Background
Why impact investments can be an effective tool for social development
Notes of spring meeting session on impact investments, 18 April.
Conditionality
News
Peru CSOs demand World Bank accountability
Peruvian CSOs have raised concerns about the development of Peru's Country Partnership Framework in an open letter to the World Bank.
Private Sector
News
World Bank arbitration mechanism ICSID rules in favour of El Salvador
ICSID, a World Bank arm for investor-state dispute arbitration, ruled that the $250 million case brought by Pac Rim Cayman against El Salvador in 2009 was without merit.
Rights
News
Calls for the World Bank to suspend funding to Honduras amid continued human rights concerns
Civil society responds to World Bank president Jim Yong Kim statement on human rights abuses and displacement by calls for the World Bank to suspend funding to Honduras amid continued human rights concerns.
Featured briefings
25 July 2018
The World Bank and the globalisation of housing finance
In prioritising capital market expansion, the needs of the lowest income groups are not being effectively addressed through World Bank interventions.
23 July 2018
The Bretton Woods Observer: Summer 2018
10 April 2018