Private Sector

Private Sector

News

“Affordable hotels”: IFC’s luxury development projects

IFC investments in Burma hotels have been criticised for weak poverty reduction impact. IFC claims that investment in luxury hotels in India will provide “affordable hotels”.

29 September 2014

Private Sector

Analysis

Factsheet: World Bank’s IFC and private finance for development

This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.

14 July 2014 | Reports

Private Sector

Analysis

IFC: Learning lessons or institutional amnesia?

In response to the IFC’s shaming over its involvement with Dinant corporation in Honduras, the institution produced a “lessons learned” document. However, it has been rejected by campaigners, who are demanding more fundamental reform.

20 June 2014

Private Sector

News

Big banks & IMF: No structural reform

The IMF rings more warnings about the costs of having an oversized financial sector, but fails to recommend stronger controls on the banking sector.

20 June 2014

Finance

News

Argentina's creditors accused of “vulture-like behaviour”

Argentina has agreed a deal with its Paris Club creditors, which have been accused of aggressive behaviour in demanding repayment of double the original debt.

20 June 2014

Private Sector

News

Civil society letter re: the IFC and lessons learned

A letter from civil society in response to the IFC's lesson learned briefing

13 June 2014 | Letters

Private Sector

News

World Bank Group investing in banks before poverty reduction

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.

8 May 2014

Private Sector

Commentary

Can development really be delivered by investing in private banks?

In a new blog the Bretton Woods Project highlights the Bank's increasing investment in financial intermediaries at the expense of education and health

11 April 2014 | Blog

Private Sector

Background

Summary of a meeting between civil society organisations and the IFC on financial intermediary lending

IFC staff and NGO representatives discussed financial intermediaries lending in a closed door meeting on Sunday 13 April.

22 April 2014 | Minutes

Finance

Background

Financial tremors in developing countries: is another earthquake on the way?

Aldo Caliari Monetary policy changes in rich world are now starting – the reversal of…

11 April 2014