While official ambitions are to refashion the global financial architecture, the IMF has yet to publish new thinking on capital flows, the G20 discussion on global imbalances is mired in dispute and the debate on a new monetary system may go in the wrong direction.
United Kingdom
IFI governance
News
Another G7 national appointed as IMF deputy managing director without open process
In late February, the IMF appointed Nemat 'Minouche' Shafik as the third deputy managing director, replacing Brazilian Murilo Portugal, who resigned in mid January to become the president of Brazilian Banking Federation.
Accountability
Background
Notes of meeting between UK Executive Director to World Bank and Civil Society Groups
On February 2nd 2011 civil society organisations held a meeting with the UK Executive Director to the World Bank and staff from the Department for International Development to discuss the formation of the new Green Climate Fund, the World Bank energy startegy review, and the role of the private sector in World Bank lending.
Gender
News
WDR Gender outline misses women's rights
In January, the Bank released an outline of the 2012 World Development Report on gender equality and development.
Infrastructure
Background
Private sector investment in energy lending and climate finance
Meeting notes of 'Private sector investment in energy lending and climate finance'
Land
Background
Notes of meeting between Minster Alan Duncan, the UK Department for International Development and Ci
Meeting notes
Accountability
Analysis
Submission to the International Development Committee of the UK parliament: inquiry into the World B
The UK should not increase its contribution to IDA in the current replenishment. Instead, it should focus on achieving substantial reforms of the World Bank and IFC in key areas, including health, gender, climate and energy, and the private sector, and in radically improving the legitimacy, transparency and accountability of the institution.
Accountability
Background
Meeting on the World Bank between DFID and UK NGOs
Notes of a meeting between UK civil society and DFID staff.
IFI governance
News
IMF boardroom crisis: Europeans stubbornly cling to chairs
IMF governance reform was thrown into disarray in August by a fight between the US and Europe over reducing European board seats. Other promised reforms, including to voting shares and leadership selection appear to be going backwards.
Land
News
UK reviews World Bank, multilateral aid
In June the new UK coalition government announced a hasty review of its funding to multilaterals, including the World Bank Group.
Finance
Analysis
Adjusting foreign investment
This briefing explores the impact of capital account policy on international development. The liberalisation of capital accounts in developing countries has been promoted by international economic and financial institutions. However, with evidence showing the damaging economic, social and human consequences of unrestricted capital movement, tools to manage capital flows are increasingly being embraced by policy makers and academics.
News
Bretton Woods Project has moved
Please take note of our new contact details.
