One year after Oxfam study, IMF making progress on inequality agenda but still needs a fundamental shift
Significant concerns also remain about environmental and social impacts of mega-infrastructure project partially financed by World Bank.
IFC announces preliminary measures to address CAO complaints regarding Uganda's Bujagali dam, as project receives WBG refinancing boost.
Joseph Hanlon asks where the accountability for the Mozambique debt crisis lies and why the poor are once again paying the costs.
Notes from the 19 April Civil Society Policy Forum session on the response to the 2008 financial crisis at the World Bank and IMF's Spring Meetings.
Notes from the 19 April Civil Society Policy Forum session on the World Bank's promotion of public-private partnerships at the World Bank and IMF's Spring Meetings.
Notes from the 18 April Civil Society Policy Forum session on the World Bank's approach to financing energy access at the Work Bank and IMF's Spring Meetings.
Stephen Kidd critiques Bretton Woods Institutions' approach to targeted social protection systems, arguing the poor lose out the most.
World Bank publishes GBV Action Plan for developing-country projects, while internal sexual harassment cases from 1980s are brought to World Bank Ombudsman.
CSOs urge investors to divest from private school provider Bridge International Academies; IFC remains investor, despite WDR’s concerns with private education.
While there is scope to improve IMF operations in all fragile states, ahead of the forthcoming publication of the IMF IEO review of IMF work in fragile states, there is one fundamental change it must make to transform its effectiveness in fragile states: wherever it is possible, it must be present. No country should be left out.
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.