Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.
World Bank praises Myanmar for improvement in Doing Business ranking, ignoring the implications of proposed reforms on country’s complex conflict dynamics.
As IMF warns of fiscal risks to PPPs, it continues to back them through policy advice and fiscal consolidation.
A new UN report shines light on how IMF and World Bank support for privatisation contributes to the elimination of human rights
Reports expose the scale of damage caused by PPPs, adding weight to broader concerns around the Bank’s aggressive promotion of them.
CSOs call on IFC to ensure new AIMM development impact framework includes human rights-based methodology and applies to entire portfolio.
CSOs urge investors to divest from private school provider Bridge International Academies; IFC remains investor, despite WDR’s concerns with private education.
Originally created to help the poor escape poverty and deprivation, the World Bank became the most important advocate for the commercialised microcredit model. Yet, critics argued it undermined the chances of sustainable and equitable development to create a poverty trap of historic proportions.