Accountability

News

El Banco Mundial arranca la corrupción: ¿Tocará las raíces?

4 May 2006

Una serie de suspensiones de préstamos e investigaciones internas tiene a todos en el Banco Mundial hablando sobre la corrupción. A pesar de las movidas de alto perfil del Presidente Paul Wolfowitz, las raáces de la corrupción: funcionarios oficiales mal pagados, la aceptación del soborno por los grandes negocios, y el dinero sucio, continúan sin ser solucionadas.

Accountability

News

The World Bank weeds out corruption: Will it touch the roots?

A series of loan suspensions and internal investigations has everyone at the World Bank talking about corruption; despite high-profile moves by president Paul Wolfowitz, the root causes of corruption - underpaid civil servants, an acceptance of bribery by big business, and dirty money - remain largely unaddressed.

8 April 2006

Environment

News

Finaliza la revision sobre las salvaguardas de CFI: riesgo antes que la protección

Los criticos aseguran que los estandares revisados de la CFI llevaran a un aumento y no a una disminucion de los casos de abuso social y del medio ambiente.

4 May 2006

Rights

Commentary

Por que han fallado los dialogos sobre el agua del Banco Mundial y la sociedad?

Desde 2003 ha habido dos intentos de empezar un dialogo entre el Banco Mundial y la sociedad civil sobre asuntos relacionados con el agua. Sin embargo, ambos intentos no llegaron muy lejos.

4 May 2006 | Guest comment

Finance

Analysis

Trip wires and speed bumps in service of global financial stability: A proactive role for the IMF

Under the current IMF strategic review, a "review of the effectiveness of the Fund's instruments to facilitate crisis resolution" is planned. Ilene Grabel, professor of international finance at the University of Denver, argues that the Fund must move from being a reactive institution to being a pro-active one. The IMF should use its technical expertise to mitigate the risks that culminate in financial crises, involving a programme of 'trip wires and speed bumps'.

8 April 2006 | At Issue

IFI governance

News

Evaluation gives World Bank breathing space on ‘results’

The 2005 Annual Report on Operations Evaluation by the Independent Evaluation Group of the World Bank, has elected to give the Bank more time to see the impact of new measures taken in response to stinging criticisms in previous editions.

8 April 2006

Conditionality

News

Evaluation of IMF finance assessments

The Independent Evaluation Office report on the Financial Sector Assessment Program describes the programme as a "distinct improvement" in the Fund's ability to conduct financial sector surveillance.

8 April 2006

IFI governance

News

Where did the Inspection Panel go?

After a relatively quiet year in 2005, the Inspection Panel will move back into the limelight over the coming months as it issues a series of reports and decisions on requests for investigation. The Bretton Woods Project talked with Eduardo Abbott, Executive Secretary of the Panel secretariat about Wolfowitz, the attack on safeguards, and the impact that the Panel is having on the Bank.

8 April 2006

IFI governance

News

“Over-optimistic about trade liberalisation”: World Bank trade evaluation

In the most comprehensive evaluation ever conducted of the World Bank's work in trade, the Bank's evaluation unit has found that the Bank neither fully understood the implications of its "narrow focus on trade liberalisation", nor did enough to strengthen trade capacity on the ground.

8 April 2006

Conditionality

News

World Bank approves $37 billion in debt relief

World Bank member nations approved $37 billion in debt relief for 17 countries at the end of March.

8 April 2006

Finance

News

Will IMF set its sights on managing global reserves?

The managing director's report on implementing the Fund's medium-term strategy was discussed by the board 3 April and is anticipated to be released at the spring meetings. Civil society groups have been critical of the opaqueness of the process and the failure to broaden participation.

8 April 2006

Rights

News

Early repayment by paper firm relieves culpability for violence, says IFC

The International Finance Corporation has washed its hands of a violent eviction carried out by the Brazilian federal police in January on behalf of the pulp and paper company Aracruz Cellulose.

8 April 2006

Social services

Background

The World Bank and water

An overview of how water-related issues are managed at the World Bank.

8 April 2006 | Inside the institutions

Environment

News

IFC safeguard review finished: client risk over protecting rights

Critics assert that the IFC's new revised standards will lead to more not fewer cases of social and environmental abuse.

8 April 2006

Rights

Commentary

Why have Bank-CSO dialogues on water faltered?

Since 2003, there have been two attempts at starting a World Bank-civil society dialogue on water supply issues. Both of these simpered to a halt.

8 April 2006 | Guest comment

Environment

News

UK reports on World Bank and IMF: More work to do

The UK's Department for International Development and Treasury released in late March annual reports on their relationship with the World Bank and the IMF respectively.

8 April 2006