The world awaits to see whether Trump’s defeat will result in the end of the 'America First' approach and a democratisation of the IMF and World Bank and the multilateral system.
Private Sector
Rights
News
Unions raise alarm over alleged retaliatory firing at IFC-financed Guinea hotel
IFC accused of violation of performance standards after alleged retaliatory action against workers.
Social services
Analysis
World Bank funded $17.3 million Uganda reproductive health voucher PPP fails to reach the poorest women
World Bank backs private sector voucher project in Uganda as poorest women lose out.
Social services
News
World Bank loan to India promotes private sector in education as millions of children out of school
World Bank Indian education loan causes controversy over private sector provisions.
Social services
Background
World Bank Group’s ‘Maximizing Finance for Development’ in times of Covid-19
Notes from the virtual Civil Society Policy Forum at the 2020 World Bank and IMF Annual Meetings 5 October session on the World Bank's 'Maximizing Finance for Development' and the Covid-19 response.
Private Sector
News
IFC launches consultation on draft Operating Principles for Impact Management
As IFC launches consultation on draft Principles, its declining development outcome performance as 'first impact investor' provides useful point of departure.
Rights
Analysis
Fears of lawsuits at World Bank’s tribunal constrain efforts to fight pandemic
Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.
Private Sector
Analysis
Recipe for disaster: The IMF and World Bank’s role in the financialisation of food and agriculture
World Bank and IMF contribute to financialisation and coorperatisation of agriculture contributing to food insecurity, concentration of power and climate emergency.
Private Sector
Analysis
How the Bank’s push for microcredit failed the poor
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.
Private Sector
News
CSOs call on World Bank to halt its aggressive support of PPPs
152 CSOs call demand World Bank halt its aggressive support of PPPs, publicaly recognise their significant risks.
