IFI governance

IFI governance

News

Bank reform: what’s new?

In April the Bank’s Board discussed a progress report on the Strategic Compact: Wolfensohn’s reform package agreed one year ago.

15 April 1998

Rights

News

NGO approach debated

In March the Bank Board discussed the Bank’s approach to NGOs.

15 April 1998

Rights

News

IMF PR tour

The IMF is holding a meeting in late May in Ghana to explain its strategy to NGOs there.

15 April 1998

IFI governance

News

IFC slammed by Anthropologists Association

In April Jane Hill, President of the American Anthropological Association, wrote a strong letter to Bank Group President James Wolfensohn and Carol Lee, IFC Vice President and General Counsel.

15 April 1998

IFI governance

News

Bank’s “new” adjustment programmes reviewed

The Bank is just completing a review of three years of "Higher Impact Adjustment Lending"…

15 April 1998

IFI governance

News

Policing the policemen

The IMF has been urged to be more transparent and accountable by a US Study Group convened by the Centre of Concern, and by the UK Chancellor.

15 April 1998

IFI governance

News

Bank builds muscle to deal with crises

The Bank will spend $50m over the next two years recruiting financial sector experts for a new Special Financial Operations unit.

15 April 1998

IFI governance

News

Sibling rivalry: can the Fund and Bank cooperate?

UK Secretary of State for International Development Clare Short told the Financial Times in April: “We are in a very silly situation. The international institutions are meant to be complementary, but the IMF keeps charging around taking other peoples’ jobs in areas where it is not necessarily competent”.

15 April 1998

IFI governance

News

Adjusting the SPA

Donor procedures and aid coordination have improved and resource flows to Sub-Saharan African countries increased under the Special Programme of Assistance for Africa (SPA), according to a recent report.

15 April 1998

IFI governance

News

Good Governance for BWIs

The IMF and World Bank should reform their constitutional rules and decision-making procedures and practices if they are to achieve the standard of good governance they themselves have defined for borrowing members.

15 January 1998