Finance

Commentary

After cannibalised globalisation

16 February 2009

Eduardo Gudynas argues that the financial crisis reveals a profound crisis of the multilateral governing system.

Finance

Background

Who pays for the Fund and the Bank?

The IMF and the World Bank derive their income mainly from their lending operations, charging borrowing countries, and from their investments in financial markets.

16 February 2009 | Inside the institutions

IFI governance

Commentary

Bankspeak of the year 2008

Annual Bretton Woods Project award for the most incomprehensible or absurd use of language in a Bank or Fund document or speech.

16 February 2009 | Humour

IFI governance

News

World Bank's planned lending splurge: Do the numbers stack up?

The first signs of a promised dramatic increase in World Bank lending are emerging, but critics continue to attack the Bank’s lending practices, including its controversial use of conditionality.

16 February 2009

Environment

News

The IFC's massive lending increase

The financial crisis has shrunk credit availability to the private sector, including in developing countries. The International Finance Corporation (IFC) plans to step into the gap, but there are questions about the likely development impact and implementation of environmental and social safeguards.

16 February 2009

Knowledge

Background

Recommended resources 2008

Recommendations from Bretton Woods Project staff on the best papers, books and electronic resources of 2008.

16 February 2009 | Resource

IFI governance

Commentary

Bretton Woods 2: What should be on the agenda?

What roles should twenty first century international financial institutions (IFIs) play, and how should they be structured? This paper sets out some of the key issues that would need to be resolved at a second UN monetary and financial conference - a 'Bretton Woods 2' - and discusses the road ahead.

13 February 2009 | At Issue

Rights

News

Bank falls foul of Inspection Panel

Inspection Panel reports relating to Albania and Uganda expose World Bank non-compliance in a number of areas. These findings are compounded by allegations of corruption and the obstruction of the Inspection Panel investigation.

13 February 2009

Environment

News

Poznan and beyond

Recent UN global climate negotiations in Poland highlighted ongoing tension over whether funds will be channelled through the United Nations or the World Bank and once again shone a light on the role of the Bank as a major investor in carbon intensive projects.

13 February 2009

Finance

News

Financial crisis leads to a resurgence of the IFIs in Latin America

After years of playing an ever diminishing role in Latin America, the IMF and the World Bank are in pursuit of a resurgence in the region.

13 February 2009

IFI governance

News

Overhaul of international institutions

The IFIs are gaining prominence but also attracting renewed criticism. In a series of articles we cover the political response to the financial crisis, the IMF's lending, the World Bank's boost in lending and proposals for reform of the international architecture.

13 February 2009

Conditionality

News

Will IMF loans hurt the poor this time around?

While the IMF undertakes high-speed reviews into its lending instruments and conditionality, it continues to make crisis loans with heavy conditionality that may adversely impact the poor in developing countries.

13 February 2009