Search Results for: global infrastructure facility

Rights

Commentary

29 September 2008 | Guest comment

World Bank legitimising illegal Israeli occupation of West Bank

The Bank's approach to development in Palestine hinges on the full acceptance of the status quo - e.g. continued occupation and the presence of the settlements and the wall - as well as joint projects that impose PNA-Israeli cooperation, often with a third international partner. Politically, these development projects threaten to legitimise Israeli claims in regards to the wall, Jerusalem, land annexation and settlements that have resulted in the fragmentation and ghettoisation of the West Bank

Finance

Analysis

29 September 2008 | At Issue

Africa and the making of adjustment

Development economist and professor of African studies Howard Stein examines the evolution of policy in the Bank, focusing on how economists became hegemonic. In this essay he details the origin of structural adjustment, tracing its roots back to a set of neoliberal economists who gained influence at the Bank in the late 1970s.

IFI governance

News

17 June 2008

IMF challenged on accountability, governance

A scathing report from the Independent Evaluation Office highlights the IMF's lack of transparency and accountability, but there appears to be little shareholder agreement on the IEO's conclusions and consolidation of European board representation.

Background

4 July 2008 | Recruitment

Policy officer vacancy at the Bretton Woods Project

The Bretton Woods Project is looking for a new policy officer. Deadline for applications: 9 am local time Wednesday 30 July 2008

Environment

Background

25 July 2008 | Minutes

Highlights: Meeting of UK NGOs with UK Alternate Executive Director to the World Bank

Meeting between UK NGOs and UK Alternate Execituve Director to the World Bank -Caroline Sergeant- on July 22, 2008.

Environment

News

26 September 2008

Voluntary transparency not enough in IFI extractive operations

A recent NGO assessment of World Bank and IMF operations in over 55 resource-rich countries finds that the IFIs have lacked consistency in insuring transparency of the revenues generated from extractive industries.

IFI governance

News

11 August 2008

Evaluation asks what value the IFC adds

An evaluation of the World Bank's private sector lending finds that amidst overall high development outcomes, poor environmental and social performance continues to plague projects in Africa. For the first time, the evaluators look at the sensitive question of 'additionality'.

Conditionality

News

26 September 2008

The IMF, fiscal space and development programmes

IMF programmes for low-income countries continue to restrict governments' choices of how to fund development and how to manage the trade-offs.

Accountability

News

26 September 2008

The World Bank and water privatisation: public money down the drain

Though the World Bank may be changing its formerly dogmatic approach to full privatisation of the water sector, key cases in Tanzania, Armenia, Zambia and India highlight that the Bank may not be learning quickly enough and that the poor may be left both without improved water and paying for botched privatisations.

Land

News

26 September 2008

The World Bank and IMF response to the food crisis

Although conditions attached to food and fuel crisis lending are somewhat lighter, the Bank and the Fund should turn the crisis into an opportunity to learn that finance can be granted without the usual strings attached.

Accountability

Background

26 September 2008 | Inside the institutions

IFC advisory services

The advisory services (AS) department of the International Finance Corporation (IFC), the private sector arm of the World Bank Group, has grown rapidly since its establishment in 1986 and is seen by the IFC as one factor that distinguishes them from other financiers.

Rights

News

26 September 2008

The Bank of the South: the search for an alternative to IFIs

Despite the political victory of transformative forces in South America, differences of opinion over the direction of the Bank of the South, a new regional development bank, may slow progress towards developing an autonomous alternative to the World Bank and IMF-dominated international financial architecture.