In October 2012, the Tunisian government submitted a draft bill to the Constituent Assembly to shape a legal and institutional framework favourable to public-private partnerships (PPP).
Private Sector
Finance
Background
IFC blended finance
The International Finance Corporation (IFC), the World Bank's private sector arm, has recently formalised its 'blended finance' approach, undertaking investment in the private sector at lower than market rates using subsidies provided by donors. Donors' concessional funds are combined with the IFC's own non-concessional funding.
Private Sector
Analysis
IFC financed 'land grabs' in Cambodia, Laos and Honduras exposed
While the World Bank's leadership is further embracing private equity funds, the IFC's investment in financial intermediaries is again hitting the headlines over allegations of 'land grabs' in South East Asia and lack of respect for indigenous people's rights in Honduras.
IFI governance
Analysis
Memorandum to the International Development Committee
In written evidence submitted to the UK parliament's International Development Committee, we argue that further reform of the World Bank is needed.
Accountability
News
5-star development
Controversial IFC investments in tourism and infrastructure projects continue to cause friction with local communities, prompting a new complaint to the Compliance Advisor/Ombudsman.
IFI governance
News
Doing Business not related to growth
The future of "Doing Business" has nothing to do with World Bank President Jim Yong Kim's opinion of growth ("Stand up for 'Doing Business'", The Economist, 25 May). You confuse growth with a set of indicators which many inside and outside the Bank find fundamentally flawed.
Accountability
Background
UK civil society meeting with UK World Bank Executive Director Gwen Hines
Notes of a meeting with UK executive director to the World Bank Gwen Hines in April 2013
IFI governance
Background
Doing Business at the crossroads: ten years
Spring meetings side event hosted by the Center for Strategic and International Studies on 19 April 2013
IFI governance
Background
From the Arab revolutions to global austerity trends
This session examined issues thrown up by the Arab revolutions, including the fiscal, monetary, tax and investment policies being considered by governments facilitating, or hindering countries in the Arab and other regions in building an inclusive economy and supporting socioeconomic recovery, the impact on public expenditure for the strengthening of education, health, and other social sectors as well as the management of chronic and high unemployment and high food and fuel prices.
Accountability
Background
The private sector and poverty eradication
Minutes of an IFC event at the World Bank / IMF 2013 spring meetings