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Bretton Woods Update 24

  • Aug/Sep 2001
  • PDF
  • Text
  • Past Issues

IFI governance

News

Plans for Bank, Fund contested

10 September 2001

The G8’s mandate has been seriously questioned in recent months, but this has not stopped G8 ministers setting new directions for the World Bank and IMF.

Knowledge

News

World Bank lending to poorest countries examined

As governments are again being asked to contribute to the World Bank’s International Development Association (IDA) facility, NGOs and others are raising questions about the role and effectiveness of the Bank’s lending through IDA to the poorest countries.

10 September 2001

Finance

News

Will grants kill IDA?

Heated debate is brewing between the US government which proposes that the Bank’s International Development Association (IDA) should provide up to 50 per cent of its resources as grants and some European governments (supported by the Bank) who argue that to do so would deplete IDA’s resources.

10 September 2001

Conditionality

News

Argentina to be sacrificed on free-market altar?

In August, Argentinian teachers, doctors and public workers went on strike and unemployed workers and students blocked roads to protest against rising unemployment and cuts in pensions and salaries.

10 September 2001

Private Sector

News

Bank private sector arm under fire from NGOs, Congress

It has been a bad summer for the World Bank Group arm which insures private investments.

10 September 2001

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Advocacy Programs

  • Gender Equality & Macroeconomics project
  • Environmental advocacy

World Bank & IMF in the news

Rights

News

16 September 2001

50 Years Is Enough Network cancels protests

The following message was circulated electronically by the 50 Years Is Enough network on Sunday, September 16, 2001.

Private Sector

News

10 September 2001

Kyrgztani environmentalists concerned about Bank-backed incinerators

NGOs in Kyrgyzstan have raised serious concerns about plans for an urban waste incinerator to be built by Italian company ITI.

IFI governance

News

10 September 2001

Positive signals on IMF evaluation

Transparency will be an important element of the IMF’s Evaluation Office (EVO), according to the new director, Montek Ahluwalia.

Conditionality

News

10 September 2001

Bank rejects adjustment findings

Initial findings of a review of adjustment policies by government, WB and civil society were presented to Bank management in Washington DC in July.

Conditionality

News

10 September 2001

New official review of PRSPs

The World Bank and the IMF are inviting public participation in reviews of the Poverty Reduction Strategy (PRS) process.

Accountability

News

10 September 2001

President abused power in IMF deal

In August, Sri Lanka’s President Chandrika Kumaratunga was impeached on charges of violating the constitution.

IFI governance

News

10 September 2001

Disappointing Bank disclosure policy

A new World Bank information disclosure policy fails to respond to calls for greater transparency.

Knowledge

News

10 September 2001

New Executive Directors

In August Carole Brookins replaced Jan Piercy as US Executive Director (ED) at the World Bank.

Social services

News

10 September 2001

Tanzanian user-fees concern

In 2000 the US Congress passed a law requiring the government to oppose loans that includes user fees for basic health or education services.

Conditionality

News

10 September 2001

Conditionality review exposes divergent opinions

Consultations held in Berlin, Tokyo and London for the IMF’s conditionality review have revealed significant differences in opinions.

Environment

News

10 September 2001

Bank unveils new environment strategy

Many NGOs and officials welcomed the new World Bank environmental strategy, adopted this July.

Social services

News

10 September 2001

Basic services: hands off!

French organisations have launched a new campaign for the reform of the international financial institutions (IFIs) and equal access to basic services.

Environment

News

10 September 2001

Bank under fire on oil, gas and mining

Ecuadorean NGO DECOIN has expressed outrage at the findings of a report on a World Bank funded mining project in Ecuador.

Environment

News

10 September 2001

Georgia National Park concern

NGOs have written to the World Bank complaining about the contradictions between its support for oil pipelines, harbours, refineries and oil terminals which may threaten a national park protected under a previous Bank loan.

Environment

News

10 September 2001

Coal India problems inspected

The World Bank’s Inspection Panel has visited India in response to a claim filed against the Bank’s Coal India loans.

Social services

News

10 September 2001

Riots erupt over PNG Privatisation Plans

Police shot student protesters in Port Moresby, Papua New Guinea in late June.

Infrastructure

News

10 September 2001

Nigerian groups demand moratorium

In August, about 100 civil society organisations, most based in the Niger Delta, halted a consultation with Peter Woicke, Executive Vice President of the International Finance Corporation (IFC).

Social services

News

10 September 2001

Workers protest Burkina privatisation plans

More than 1,000 workers from 13 public companies took to the streets of Ouagadougou, Burkina Faso in August chanting slogans such as “Down with wildcat liberalisation!” and “Down with Bretton Woods injunctions!”.

Private Sector

News

10 September 2001

MIGA Attacked by NGOs and Congress

An NGO report has called for the World Bank Group arm which insures private investments to be shut down.

Private Sector

News

10 September 2001

Kyrgyzstanis oppose incinerator

NGOs in Kyrgyzstan have raised serious concerns about plans for an urban waste incinerator to be built by Italian company ITI.

Social services

News

10 September 2001

Bank plans new private sector approach

The World Bank has produced a draft Private Sector Development Strategy.

Finance

News

10 September 2001

Response UK Treasury - CAL

Road Maps For Capital Account Liberalisation - Response UK Treasury

Finance

News

10 September 2001

Road map letter from Bretton Woods Project

Road Maps For Capital Account Liberalisation

Knowledge

News

10 September 2001

Gateway: World Bank response

The World Bank’s Gateway team asked for space to reply to recent articles in the Bretton Woods Update, and our briefings.

Accountability

News

10 September 2001

Uruguayans file anti-corruption claim on the Gateway

Two prominent Uruguayans today filed a claim alleging “several irregularities” in the World Bank’s Development Gateway internet initiative.

IFI governance

News

10 September 2001

Gateway Foundation document extracts

This page contains extracts from 2 recent documents on the Development Gateway.

IFI governance

News

10 September 2001

Knowledge is power. The World Bank’s Development Gateway is a way of centralising and entrench

Knowledge is power. The World Bank’s Development Gateway is a way of centralising and entrenching their power.

Knowledge

News

10 September 2001

Quotes on the Gateway

A selection of comments from different actors on the Development Gateway.

Accountability

News

10 September 2001

Gateway independence: only skin deep?

New documents and anti-corruption claim cast doubts on new foundation.

IFI governance

News

10 September 2001

IFI criticism intensifies ahead of meetings

After Genoa, the next stop for the global protest caravan is the Bank and Fund annual meetings in Washington DC.

Knowledge

News

10 September 2001

Bank assesses globalisation facts and fears

“Some anxieties are well-founded,” agrees a major new World Bank report that outlines evidence and an agenda for action on globalisation*.

Conditionality

News

10 September 2001

UN report proposes new global institutions

A major policy report has been produced with proposals for the Financing for Development summit to be held next March 2002 in Monterrey, Mexico.

Knowledge

Commentary

10 September 2001

World Bank launches internet development gateway

“We will solve all your disagreements if you join the development gateway...”

More news

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