Search Results for: global infrastructure facility

IFI governance

Analysis

4 February 2008 | Review

The IFIs in 2007: year in review

2007 will certainly go down in the annals of the IFIs as an annus horribilis. But a bad year for the IFIs has meant a relatively good year for developing country policy space.

IFI governance

News

31 January 2008

Staff in black

Thanks to pressure from the major shareholders the IMF’s new managing director Dominique Strauss-Kahn is being forced to cut the IMF’s budget. Internal documents reveal some details of the restructuring, including 15 per cent staff layoffs and charges for technical assistance, but fail to shed light on whether the Fund will shift away from dictating to poor countries and towards overseeing global markets.

Environment

Analysis

4 February 2008 | At Issue

Is the Bank's carbon markets approach an effective way to address climate change?

The World Bank's involvement in the carbon market is under hot debate: Janet Redman from the Institute for Policy Studies opposes its approach while Jon Sohn, from Climate Change Capital argues that there is a role for the Bank to play.

Environment

Background

18 February 2008 | Minutes

Highlights of BWI-UK network meeting with Caroline Sergeant, 7 February 2008

Highlights of NGO meeting with alternative executive director to the World Bank, Caroline Sergeant

Knowledge

Background

18 February 2008 | Resource

Recursos recomendados del 2007

Recursos recomendados del 2007

Knowledge

Background

1 February 2008 | Resource

Recommended resources 2007

Recommendations from Bretton Woods Project staff on the best papers, books and electronic resources of 2007.

Private Sector

Analysis

4 December 2007 | At Issue

The International Finance Corporation: Behind the rhetoric

There is evidence that the IFC's financing of small and medium enterprises, almost all of which occurs via financial intermediaries, is under-supervised, and that direct lending is still focused on large companies in emerging market economies with questionable value-added.

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.