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IFI governance

Commentary

22 September 2009 | Guest comment

The Byzantine governance of the IFIs

On August 28, in Bariloche, Argentina, the presidents of twelve South American countries met to discuss a life-or-death issue for their newly created Union of South American Nations (Unasur): the Colombian-US agreement allowing for extra-regional military to set up a chain of bases very close to the heart of the Amazon.

Finance

News

22 September 2009

IDA replenishment starts soon

Although there has not been a large take up of the fast-tracking facility available to IDA countries, it could affect the timetable for IDA replenishment, if it causes IDA funds to run low before the end of the legal period of IDA 15 in 2011.

Finance

News

22 September 2009

Flexibility or seeds of new crisis?

A flurry of papers by the IFIs, UNCTAD and NGOs raise concerns over renewed debt difficulties in poor countries just as the IFI's complete a review of the debt sustainability framework to allow more borrowing.

IFI governance

News

22 September 2009

2009 World Bank-IMF annual meetings schedule

Tentative schedule of the World Bank-IMF spring meetings in Istanbul, September 30 - October 7, 2009.

Finance

Analysis

23 September 2009 | At Issue

Dollars, devaluations and depressions

The international monetary framework which emerged after the collapse of the Bretton Woods system in the 1970s has proved volatile, damaging and prone to crises. It is time for a fundamental redesign and the introduction of a global reserve currency, to help stabilise international exchange rates, smooth commodity prices, promote international economic cooperation, and prevent future financial crises.

Land

Analysis

23 September 2009 | Briefings

Helping farmers weather risks?

The World Bank has published several papers on its pilot programmes for index-related insurance in developing countries to hedge against weather-related risks. They vary from support for local insurance companies to weather derivatives sold in international financial markets. According the Bank, private insurance should be seen as supplemental to public intervention and other forms of support such as cooperatives. A September briefing from the Bretton Woods Project, however, faults the Bank for

Conditionality

News

23 September 2009

IMF advice paradox

During the last year, endowed with record funding and painted by the G20 as the 'saviour' of crisis-hit developing countries, the IMF has embarked on a public relations offensive to prove that it has changed its traditionally austere policy advice and conditions and has become 'more flexible'.

Environment

Background

24 September 2009 | Minutes

Meeting on the World Bank between UK NGOs and Douglas Alexander, Secretary of State for Internationa

Minutes of a meeting between Douglas Alexander, Secretary of State for International Development, and UK NGOs, 16 September 2009

Accountability

Background

29 September 2009 | Minutes

Videoconference between UK civil society and Alex Gibbs, UK IMF Executive Director

Minutes of a meeting between UK civil society, UK IMF Executive Director Alex Gibbs, and UK Treasury staff

Accountability

Background

8 October 2009 | Minutes

IMF governance - CSO meeting with the IMF managing director

Minutes of a meeting between civil society organisations, IMF managing director Dominique Strauss-Kahn and IMF deputy managing director John Lipsky

Finance

News

14 October 2009 | Events

Conference: Recovery towards what? Finance, justice, sustainability

Recovery towards what? Finance, justice, sustainability is an exciting and timely one-day conference on 6 November in London on all aspects of global finance and its role in both developed and developing countries. It brings together experts, researchers, practitioners and civil society to discuss how to reshape finance so that it contributes to a just and sustainable economy.