9 May 2014
IFC accused of “McDonaldisation” of education, with investment in low-fee private schools, despite evidence of negative impacts on inequality.
World Bank’s Benchmarking the Business of Agriculture rankings are unlikely to benefit the world’s smallholder farmers, but could instead facilitate corporate land grabs.
A health public-private partnership is starving Lesotho's public health services of resources, affecting rural communities, where death rates are rising.
IFC invests in another five-star hotel, raising further questions whether its investments lead to positive development outcomes.
The World Bank Group invested $36 billion between 2009 and 2013 in the financial sector, three times as much as in education. Investments in financial intermediaries in Honduras and India have been criticised by civil society groups.
The World Bank has confirmed its intention to develop a Global Infrastructure Facility, prioritising projects that have stalled due to size or complexity, while concerns continue over the Bank’s support for the Democratic Republic of Congo Inga dams.
Recent media articles on the IMF and the World Bank, recommended by the Bretton Woods Project
2010 agreement to reform IMF voting shares in favour of developing countries flounders as IMF governance reforms blocked by US Congress, again. Developing countries expressed anger and raised concerns about the Fund’s ability to deal credibly and effectively with new and ongoing financial crises.
The release of the final IDA paper in April confirmed that IDA 17 represents a 7.7 per cent decline in IDA resources. The replenishment saw a loan of $1 billion from China and less generous lending terms for IDA borrowers.
New BWP research finds the Word Bank's approach to Paris alignment is being used to a significant extent to impose ‘green conditionalities' on borrowing countries, especially in the Global South.
Understanding the Bank’s chequered history with public, community and civil society participation is key for understanding what is at stake and what to do next.
