Finance

Analysis

The IMF and capital flight: Redesigning the international financial architecture

25 January 2006

The international financial system facilitates trillions of dollars of capital flight from developing and developed countries to onshore and offshore financial centres, with the active participation of banks and other financial institutions. The consequences are massive tax evasion, a resultant erosion of state budgets, and rising disrespect for the law. The relevant international organisations that, working together, can change this situation are the IMF, the OECD, and the UN.

Social services

Commentary

Both arsonist and fire-fighter: the World Bank on school fees

A former UN special rapporteur on the right to education questions the World Bank's claim to have relinquished its support for user fees in education.

23 January 2006 | Guest comment

Accountability

News

Bank and Fund in-roads into Iraq

The Bank approves the first development loan to Iraq at the same time as the IMF signs a stand-by agreement, leading to a dramatic increase in fuel prices.

23 January 2006

Finance

News

Latin America sends IMF packing

The IMF's role and financial health have been brought into further question as a result of the early repayment of two of its largest debtors.

23 January 2006

Rights

Background

BWP thanks readers for support

thank you to all readers who made financial contributions to the project

23 January 2006 | Project news

Gender

Background

The World Bank and education

brief summary of the World Bank's work and priorities in education

23 January 2006 | Inside the institutions

IFI governance

Commentary

Using human rights tribunal to force Bank compliance: Uruguayan paper mill

The recent filing of two international complaints against a planned Bank-financed world's-largest paper mill in Uruguay is a unique experiment in bringing World Bank projects under the scrutiny of international human rights tribunals.

23 January 2006 | Guest comment

Accountability

News

Internal accountability creates “institutional discomfort”

Discussion of the CAO's internal accountability role and the difficulties it faces in light of the IFC/MIGA's disregard and criticisms from affected communities and civil society.

23 January 2006

Knowledge

News

Recommended resources of the year 2005

BWP staff picks for books, official papers, websites and civil society briefings which made an impact in 2005.

23 January 2006

Accountability

News

Aid for trade: “distraction” from a bad deal

The consensus among civil society observers was that the agreement struck at the December Hong Kong WTOtrade ministerial was a bad deal for developing countries, with IFI-backed 'aid for trade' used as a "major distraction".

23 January 2006

Trade

News

IMF shocks facility - will anybody use it?

In November, the IMF's board approved the establishment of the Exogenous Shocks Facility (ESF) to…

23 January 2006

Conditionality

News

IMF debt deal 'a victory'

In December, the IMF board approved 100 per cent debt relief to 19 countries under the Multilateral Debt Relief Initiative amounting to $3.3 billion.

23 January 2006

Accountability

Background

Bank freezes pipeline funds to Chad

Bank freezes Chad's funds following government violation of agreement with Bank over the Chad-Cameroon oil pipeline

20 January 2006 | Resource

Rights

News

World Bank “pushing big dams” across Asia

Bank upscales its funding for large scale hydro in Pakistan and Inda, fails to adequately assess resettlement in China, and tries to take credit for increased investment in renewable energy and energy investment merely by increasing its funding for large high risk dam projects.

20 January 2006