Bretton Woods Project - Critical voices on the World Bank and IMF

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Briefings

Africa and the making of adjustment How economists hijacked the Bank's agenda

At Issue|Howard Stein|29 September 2008|update 62|url

Development economist and professor of African studies Howard Stein examines the evolution of policy in the Bank, focusing on how economists became hegemonic. In this essay he details the origin of structural adjustment, tracing its roots back to a set of neoliberal economists who gained influence at the Bank in the late 1970s. read article...

Facilitating whose power? WB and IMF policy influence in Nigeria's energy sector

At Issue|Lucy Baker|2 April 2008|update 60|url

Despite rhetoric to the contrary, the World Bank's energy portfolio still fails to reap the double dividend of renewable energy technologies that would tackle both energy poverty and climate change. Nigerian economic policies shaped by World Bank and IMF recommendations, policy agreements and conditionality have so far lead to a dysfunctional electricity privatisation process, a heavy and as yet unfulfilled reliance on reform of the gas sector, and the failure to make any widespread practical progress on pro-poor, decentralised renewable energy read article...

The IFC's lessons of experience & the Chad-Cameroon oil and pipeline project

Briefing|Korinna Horta, Environmental Defense|23 November 2006|update 53|url

In September 2006 the IFC published its first issue of a new publication entitled Lessons of Experience. However, the IFC's lessons drawn from the external compliance monitoring group in the Chad-Cameroon project read more like a tool to market the concept of external monitors to IFC clients than lessons meant to design a more effective role for the external monitor in improving implementation of social and environmental commitments. read article...

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Africa and the making of adjustment How economists hijacked the Bank's agenda

At Issue|Howard Stein|29 September 2008|update 62|url

Development economist and professor of African studies Howard Stein examines the evolution of policy in the Bank, focusing on how economists became hegemonic. In this essay he details the origin of structural adjustment, tracing its roots back to a set of neoliberal economists who gained influence at the Bank in the late 1970s. read article...

The IMF, fiscal space and development programmes

News|Nancy Dubosse|26 September 2008|update 62|url

IMF programmes for low-income countries continue to restrict governments' choices of how to fund development and how to manage the trade-offs. read article...

Bank paying workers poverty wages

News|Bretton Woods Project|26 September 2008|update 62|url

Union Network International (UNI) is fighting the World Bank to ensure that their security workers are paid just wages. read article...

IFI inspection mechanisms slam Bank faults in Uganda and Nigeria

News|Soren Ambrose|26 September 2008|update 62|url

The Bujagali dam project in Uganda and the West Africa Gas Pipeline project in Nigeria have been roundly criticised by the World Bank's Inspection Panel. read article...

New African dams to power mining

News|Bretton Woods Project|17 June 2008|update 61|url

Two dam projects are being rushed to power the mining booms in Africa. read article...

Facilitating whose power? WB and IMF policy influence in Nigeria's energy sector

At Issue|Lucy Baker|2 April 2008|update 60|url

Despite rhetoric to the contrary, the World Bank's energy portfolio still fails to reap the double dividend of renewable energy technologies that would tackle both energy poverty and climate change. Nigerian economic policies shaped by World Bank and IMF recommendations, policy agreements and conditionality have so far lead to a dysfunctional electricity privatisation process, a heavy and as yet unfulfilled reliance on reform of the gas sector, and the failure to make any widespread practical progress on pro-poor, decentralised renewable energy read article...

World Bank powerless to end Chad abuses

News|Bretton Woods Project|1 April 2008|update 60|url

Chadian president Idriss Déby has used February's failed coup attempt to clamp down on critics of the Bank-supported Chad-Cameroon pipeline. read article...

Bujagali dam under second investigation

News|Bretton Woods Project|1 February 2008|update 59|url

As a result of claims submitted by the Ugandan NGO, National Association of Professional Environmentalists, the Bujagali dam is under investigation again read article...

Panel investigates Ghana's landfill complaint

News|Bretton Woods Project|1 February 2008|update 59|url

In October the board accepted the Inspection Panel's recommendation for a full investigation into a complaint filed by the NGO Centre for Housing Rights and Evictions (COHRE) read article...

Bank violates own policies in Congo

News|Bretton Woods Project|1 February 2008|update 59|url

The findings of an Inspection Panel investigation into the Bank's failure to comply with its own safeguard policies in its support for forest sector reforms in the Democratic Republic of Congo (DRC) was discussed by the board in January read article...

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