Search Results for: global infrastructure facility

Infrastructure

Analysis

2 April 2008 | At Issue

Facilitating whose power? WB and IMF policy influence in Nigeria's energy sector

Despite rhetoric to the contrary, the World Bank's energy portfolio still fails to reap the double dividend of renewable energy technologies that would tackle both energy poverty and climate change. Nigerian economic policies shaped by World Bank and IMF recommendations, policy agreements and conditionality have so far lead to a dysfunctional electricity privatisation process, a heavy and as yet unfulfilled reliance on reform of the gas sector, and the failure to make any widespread practical pr

IFI governance

Analysis

12 October 2007 | Briefings

Reform of World Bank governance structures

This analytical note discusses potential governance reforms in the World Bank's governance structures, with an understanding that some reforms become more or less imperative depending on the direction of the discussions around the long-term strategic direction of the Bank.

Conditionality

Commentary

4 December 2007 | Guest comment

IMF flees Bangladesh

An IMF mission visited Dhaka in September 2007 to sign a PSI and put another chain around the country's neck. But the people of Bangladesh did not behave as the mission expected. They said a loud “NO” to the IMF mission.

Finance

Background

4 December 2007 | Inside the institutions

The IMF and financial sector reform

While the World Bank has done a lot of work on financial sector reform, the IMF is also a key actor. Since facing criticism over its lack of understanding of financial markets in the wake of the 1997 Asian financial crisis, the IMF has significantly increased its capacity for analysis of the financial sector.

IFI governance

News

4 December 2007

Ungovernable debate over Fund governance reform

With the wait for new leadership at the IMF over and the deadline for a deal on quota reform looming, the hard bargaining over power at the Fund will now begin. Still no end to European dominance of the institution is in site.

Finance

News

4 December 2007

Less carrot, more stick please

As negotiations close over donations to the World Bank's financing arm for low income countries, civil society groups have expressed disappointment over the failure to make progress on conditionality, debt sustainability, allocation or impact assessment.

Environment

News

4 December 2007

Climate contradictions: World Bank sets up shop in Bali

The key role that the World Bank is preparing to play in December's international climate change conference in Bali sits uncomfortably with its continued commitment to fossil fuel funding and failure to make a meaningful shift in its energy lending

Finance

News

4 December 2007

New World Bank financing instruments

Two areas that Robert Zoellick's Bank is likely to focus on are the promotion of risk management instruments, and developing local currency bond markets.

Land

News

4 December 2007

Failing small farmers: The World Bank and agriculture

Stinging from a critique from its own evaluation unit on its work on agriculture in Sub-Saharan Africa, the World Bank released its flagship annual report on agriculture in October to heavy criticism from civil society.

Finance

News

4 December 2007

More Bank 'aid for trade'

Heads of the IFIs were in Geneva in November for a WTO conference to take stock of its aid for trade taskforce.

IFI governance

News

14 December 2007

UK report on its activities at the World Bank

In late November, the UK released its third report on its relationship with the World Bank, disappointing in the coverage and depth of its analysis.