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

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Finance and debt

Bank and Fund involvement in financing development and debt creation. The role of World Bank aid and lending in development and reconstruction projects as well as a focus on the Funds' role in the international financial architecture and financial sector reform in borrower countries. Includes: Development finance, capital account liberalisation and capital controls, financial sector reform, International financial architecture, debt and debt arbitration, Heavily Indebted Poor Countries initiative (HIPC), crisis prevention and resolution read more...

Briefings

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 IFIs and Islamic finance

Inside the inst|1 February 2008|update 59|url

The World Bank Group and the IMF have become more involved in assistance to and oversight of Islamic financial institutions. read article...

The World Bank and financial sector reform

Inside the inst|5 October 2007|update 57|url

Financial sector reform constitutes a major area of work for the World Bank. read article...

Items 1 to 9 of 293

World Bank-IMF spring meetings 2008

News|Bretton Woods Project|15 April 2008|url

At this year's spring meetings, the World Bank faced increasing opposition to its plans to tackle climate change, while the IMF was forced to admit that the lack of democracy in its governance is probably why it missed the boat on the credit crisis. read article...

Briefing on the World Bank’s Six Strategic Themes Spring meetings 2008

Minutes|Bretton Woods Project|11 April 2008|url

Minutes of a briefing by World Bank staff on the WBG's six strategic themese 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...

NGOs urge Congressional intervention on IMF gold sales

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

A coalition of over 70 US NGOs, including large labour unions, has written to Congress to demand that planned IMF gold sales pay for debt relief as well administrative expenses. read article...

New Bank financial products

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

In March the Bank approved a new lending facility to give middle-income countries immediate access to emergency funds in the event of a natural disaster. read article...

World Bank and procurement: Development tool or TNC sop?

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

A new study on the Bank's push for procurement reform suggests that a narrow focus on value for money may undermine the ability of governments to use procurement as a tool for development; meanwhile US and European corporate lobbyists continue to pressure the Bank to go slow on the use of developing countries' own procurement systems. read article...

The IMF in Argentina: the search for relevance

News|María José Romero|1 April 2008|update 60|url

Since Cristina Fernandez de Kirchner assumed the presidency in December the Fund has been involved with the renegotiation of Argentinean debt with the Paris Club and a controversy over official statistics. read article...

IFIs foot dragging on key debt issues

News|Nancy Dubosse|1 April 2008|update 60|url

The IFIs are struggling to catch up to global debates on odious debts and responsible financing; have failed to take action on vulture funds; and have been dragging their feet on debt relief programmes for Haiti and Liberia. read article...

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