The World Bank is set to reappoint president Jim Yong Kim for another five year term, despite persistent concerns from Bank staff and renewed calls for a merit-based process based on principles of transparency and diversity.
Finance
Finance
Analysis
World Bank and IMF: Where do they stand on progressive and responsible taxation?
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
IFI governance
Background
UK civil society meeting with UK World Bank Executive Director Melanie Robinson
Notes of a meeting with UK World Bank Executive Director Melanie Robinson 21 July 2016.
Finance
News
CSOs call on World Bank and Fund to transform Debt Sustainability Framework
NGOs have called on the Bank and Fund to ensure that states’ basic needs, rather than just ability to pay, is incorporated in their review of the Debt Sustainability Framework used to assess low income countries.
Finance
Analysis
Public-private partnerships: The global debt iceberg?
Despite their popularity, PPPs have a very bad track record of delivering cost-effective investment for governments, and pose additional and serious problems by reducing transparency and accountability.
Finance
News
Third time a charm? Fund pressured into possible return to Greece
As Eurozone countries agree a new loan package to Greece, the IMF has conceded to ‘major concessions’ instead of up front debt relief and may participate in a new programme despite its insistence that the Fund's involvement in future programmes is dependent on ‘significant debt relief’.
Finance
News
World Bank and AIIB sign joint co-financing agreement
The World Bank has signed a co-financing agreement with the Asian Infrastructure Investment Bank, while former Bank staff join the new institution.
Finance
Background
Global Infrastructure Forum: Perspectives from new development finance institutions
Notes from a side event at the inaugural Global Infrastructure Forum, during the World Bank/IMF 2016 spring meetings, discussing the role of the new development finance institutions, the Asian Infrastructure Investment Bank and the New Development Bank.
IFI governance
Background
IMF Fiscal Forum - International Taxation: Opportunities & Risks
International Taxation: Opportunities & Risks Moderator Marin Verhoeven, World Bank Group Presenter: Vicky Perry,…
Finance
Background
The Role of The World Bank and IMF in responsible and progressive taxation
Spring Meetings of the IMF and World Bank, 2016; April 15 Sponsors: Christian Aid…
