18 June 2001
The International Finance Corporation - an arm of the Bank Group which supports private investment - has released a new strategy.
Ghanaian and international groups raise concerns about Bank-backed plans to privatise metropolitan water supply.
A new global fund to combat HIV/AIDS, tuberculosis and malaria will be administered by the World Bank in collaboration with WHO and UNAIDS.
Two new civil society statements have concluded that the PRSP process is simply delivering repackaged structural adjustment programmes (SAPs).
Concerns raised about planned World Bank-backed private sector dam in Uganda.
Niger Delta-based organisations outraged over pending World Bank loan for a joint project with Shell Oil in Nigeria, saying IFC favours profitability over local environmental and social concerns.
Yorongar Ngarlejy arrested, supporters urge halt to Bank-backed oil project.
At a forum in Lagos Nigerian President Olusegun Obasanjo accused the World Bank, International Monetary Fund and creditor nations of being unfair to developing countries trying to repay crippling external debts, reports Reuters (17/5/01).
Critical report on the World Bank’s major new internet initiative, the Development Gateway.
A new report from US campaign group Food First assesses the World Bank’s approach to land reform.
A new report - Demanding Dignity: Women Confronting Economic Reforms in Africa - from the North-South Institute, Canada, examines African women’s struggles to deal with gender-bias in financial and economic policies.
IFC plans for a joint project with the Shell oil company in Nigeria have been condemned by Niger Delta-based community organisations and international human rights groups.
Forest Peoples’ Programme has produced three new briefings on World Bank policy reformulation processes.
Summary of a discussion hosted by the Heinrich B
A meeting, organised by Bretton Woods Project and Heinrich B
During the Spring Meetings NGOs had a disappointing meeting with Joanne Salop, Vice President for Operations Policy and Strategy.
NGOs, CBOs and academics walked out from the World Bank’s so-called “public consultation” on its Country Assistance Strategy on May 17th.
At their Spring Meetings the IMF and World Bank outlined plans to carry out social impact analyses when designing macroeconomic and structural reforms.
Impact assessments and participatory monitoring and evaluation processes will be key features of the World Bank’s new Poverty Reduction Support Credit (PRSC) according to guidelines.
Martin Gilman, former IMF Moscow representative, has been hired to teach economics by the Russian state-funded Higher School of Economics, while Anders Aslund, the one-time consultant and promoter of Russian privatisation, has been appointed to a World Bank team investigating the success of such programmes.
Analysis of four completed PRSPs and twelve Interim PRSPs by World Development Movement finds that civil society groups are dissatisfied with the extent of public involvement and that IMF and Bank influence is weakening government ownership.
The joint draft report from the Executive Board Working Groups reviewing the leadership selection processes of the World Bank and IMF recommends that candidates could be nationals of any member country, and that Executive Directors should agree on a shortlist and make an appointment by consensus.
Mr Montek Ahluwalia, a member of the Economic Advisory Council to the Prime Minister of India, has been appointed Director of the IMF’s new Independent Evaluation Office (EVO).
After IMF Economic Counsellor Michael Mussa’s resignation in March, two other senior IMF staff announced their plans to leave.
Protesters carrying placards proclaiming “Africa Needs Liberation Not Charity” and “the Debt is a Fraud” gathered outside World Bank offices in London on 26 May to mark African Liberation Day.
World Bank and IMF policies harm indigenous communities around the world and are a new form of colonisation, said delegates to the First Millennium Conference of Indigenous Peoples, held in Panama in May.
A recent Bank document sets out the plan for implementing the conclusions of the Poverty World Development Report (WDR).
A new study from the United Nations University (UNU), an autonomous UN institution based in Tokyo, calls for an overhaul of international institutions.
A Tower of Babel on the Internet? The World Bank’s Development Gateway: Summary
This is a World Bank response to the Bretton Woods Project briefing, A Tower of Babel on the Internet.
Bretton Woods Project response to John Garrison of the Gateway team.
1. The Gateway’s Topic structure reflects an aim to organise development-related information in a way that is convenient for people who see the world through official development lenses.
The World Bank will launch its Development Gateway internet initiative on 23 July.
In a World Bank consultation on the role of the media in development, Bank officials were told to stay away from media training and other direct influence over journalists.
The World Bank has pledged to “intensify its trade-related activities” by increasing its research, training and advocacy at global and country levels.
The Bretton Woods Project website will feature summaries and analysis of issues and background papers in preparation for and during the annual meetings.
About seventy civil society organisations in Bolivia have signed a statement detailing concerns with the consultation and drafting process for the country’s Poverty Reduction Strategy Paper.
The IMF’s efforts to streamline itself are likely to make little difference to countries implementing Bank and IMF programmes.
A new report from Drop the Debt argues that the World Bank and IMF can afford to cancel in full the debts of the poorest countries without putting at risk their finances.
Following a successful bid to extend the PRSP process in Malawi, the Malawi Economic Justice Network has appraised the process with a view to informing and improving the next stages.
Two new official reviews examine the World Bank’s efforts to protect the environment.
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
Multilateral development banks can reduce their dependence on hard currency lending and make local currency financing a central element of their developmental mandate.
