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IFI governance

News

10 July 2009

World Bank health work flawed

A recent evaluation of the World Bank's work in health is damning in its criticism of the lender's approach, particularly in Africa. Meanwhile, the Bank is continuing to push privatisation in public services such as health, education and water despite fierce criticism.

Environment

News

10 July 2009

Will rights and gender be at the heart of World Bank's climate response?

Initially flagged as a global environmental problem, increasing attention is being drawn to the impacts climate change has on human rights and equity related issues such as gender, as well as the World Bank's role in tackling them.

IFI governance

News

10 July 2009

IMF austerity chills crisis countries

Criticism of the IMF continues to mount as some crisis lending dishes out heavy conditionality. Meanwhile emerging markets have agreed to stump up the cash to refill the Funds coffers, but only on their own terms.

Conditionality

Analysis

4 August 2009 | Briefings

The potential development implications of enhancing the IMF's resources

In April 2009, the G20 group of leaders committed $1.1 trillion to combat the financial crisis, with the bulk of this being channelled through the International Monetary Fund (IMF). However, this substantial amount of resources may never be provided, and if it is, may not have the intended positive effect on developing countries. Experience so far demonstrates that the IMF is still imposing damaging pro-cyclical conditions on some borrowers, and that the finance provided to low-income count

IFI governance

Analysis

7 August 2009 | Briefings

IMF financial package for low-income countries: Much ado about nothing?

This briefing analyzes announcements made at the end of July by the IMF regarding the level of their financial commitments to low-income countries (LICs) and finds them wanting in relation to the size of new resources, the flexibility of conditionality, and the imrpovements needed to SDR allocations.

Accountability

Analysis

13 August 2009 | Review

The IFIs in 2008: year in review

2008 was the year of crisis: developing countries, already reeling from the impacts of food and commodity price crises, faced the spectre of a global financial and economic crisis, caused by policy choices made by rich countries. The World Bank and International Monetary Fund (IMF), two of the key institutions who have promoted the 'Washington Consensus' model of economic deregulation and liberalisation that many blame for causing the crisis, tried to wriggle out of responsibility and present t

Accountability

News

13 August 2009

The DFID white paper and the World Bank: Missing the point?

The latest DFID white paper strengthens the UK's target setting for the World Bank, but fails to adequately tackle the crucial questions of governance, conditionality, human rights accountability, and climate finance. A recent Tory Party policy paper leaves it unclear whether they would do any better.

Finance

News

10 July 2009

International monetary reform: IMF not in the game

The financial crisis has reinvigorated discussion of exchange rate management and reform of the monetary system, but lack of progress at international forums like the IMF means change is only happening at the regional and bilateral level.

Rights

News

10 July 2009

The IFC: opportunist expansion?

The financial crisis has resulted in an expanded role for the International Finance Corporation (IFC), but its methods may leave a bitter taste with civil society.

Accountability

Analysis

11 May 2009 | Briefings

Bretton Woods Project submission on the DFID White Paper

In a submission the the DFID white paper consultation, we set out the significant change needed at the World Bank and IMF to bring them into line both with international norms and with UK policy, in order to improve their contribution to sustainable development. In this submission we outline changes needed in: IFI governance; IFI conditionality policies; IFI policies related to aid effectiveness; IFI policy on climate change; private-sector finance; and the financial sector's impact on devel

Accountability

News

23 April 2009

World Bank and IMF launch disclosure reviews

Civil society groups, painfully aware of information access problems at the World Bank and IMF, hope this year's reviews of transparency and disclosure will bring radical improvement.

IFI governance

Background

25 April 2009 | Minutes

IMF crisis response- discussion

Notes of a meeting between the IMF and civil society organisations