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

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Eastern Europe and Central Asia

Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Kosovo, Latvia, Lithuania, Macedonia, Moldova, Republic of, Poland, Romania, Russian Federation, Serbia and Montenegro, Slovakia, Slovenia, Ukraine; Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Tajikistan, Turkey, Turkmenistan, Uzbekistan. read more background...

Items 1 to 10 of 61

An accountability mechanism without teeth? Two Albanian projects under CAO review

Comment|Agron Alibali, Lavdosh Ferruni|26 June 2013|update 86|url

The International Finance Corporation (IFC), the private sector arm of the World Bank, is under internal scrutiny for two projects in Albania. read article...

Dr Kim, where is Mongolia's economic diversification?

Comment|Sukhgerel Dugersuren|8 April 2013|update 85|url

In late February the World Bank's private sector arm, the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) boards decided to spearhead a $4 billion dollar syndicated loan to a copper, gold and silver mine located in the Gobi Desert in Mongolia. An increasing number of people believe that it is going to lead Mongolia to dependence on one product and one corporation, driving the country into deep insecurity. read article...

Inspection Panel examines Afghan mining project

News|Bretton Woods Project|12 February 2013|update 84|url

The World Bank's Inspection Panel compliance body received two complaints in December relating to the Sustainable Development of Natural Resources Project in Afghanistan. read article...

IFC's Oyu Tolgoi mine prompts complaint

News|Bretton Woods Project|6 December 2012|update 83|url

In October, Mongolian herdsmen took a complaint to the Compliance Advisor/Ombudsman, the International Finance Corporation's (IFC) accountability mechanism, against the Oyu Tolgoi mine being considered for World Bank support. read article...

IFIs' new "house of cards" in Central and Eastern Europe

News|Bretton Woods Project|6 December 2012|update 83|url

IFIs are renewing their focus on Central and Eastern European states. This comes amidst fears that growth in the region needs to be rekindled. The World Bank has promised more funding for countries at risk of instability. However, IMF loans being negotiated with Romania and Hungary have met with controversy. read article...

World Bank making poverty worse in Kosovo

Comment|Nezir Sinani|3 October 2012|update 82|url

Before joining civil society organisations (CSOs), I worked for Kosovo's state-owned power company for many years. During my time there I learned how the coal industry works and how much it negatively affects every segment of our lives. Already two years ago, Kosovan CSOs warned the World Bank that things would not turn out well for Kosovo should the Bank continue supporting and pushing for coal development projects in the country. read article...

Kosovo electricity grid privatisation to be audited by CAO

News|Bretton Woods Project|3 July 2012|update 81|url

A complaint filed by Kosovo's Independent Energy Union (SPEK) with the Compliance Advisor/Ombudsman, the accountability mechanism of the International Finance Corporation (IFC, the World Bank's private sector arm), about a 2009 advisory project by the IFC for the privatisation of Kosovo's electricity grid has been accepted for a full audit. read article...

Kosovo's options for a sustainable energy future

Minutes|Bretton Woods Project|20 April 2012|url

Minutes of presentation and discussion on Kosovo's options to develop a sustainable energy future, Washington DC, 20 April 2012. read article...

Navigating complex dilemmas the Bank on violence, conflict and peace building

At Issue|Monica Stephen|16 September 2011|update 77|url

The World Development Report 2011: Conflict, Security and Development is shifting the language of international policy on supporting peace and development in fragile and conflict-affected countries. Monica Stephen of International Alert examines how the World Bank's operations need to adjust to support peace and development. read article...

Ukraine protests against IMF policies

News|Bretton Woods Project|14 September 2011|update 77|url

In early July, thousands of protesters took to the streets in the Ukrainian capital Kiev to try to block pension reforms promised as part of the country's IMF loan. read article...

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Recent briefings & reports

Memorandum to the International Development Committee: Inquiry on the Future of UK Development Cooperation  26 June 2013

The Doing Business review: a test of World Bank leadership 24 June 2013

Climate Investment Funds Monitor 7: April 2013  25 April 2013

Working paper: The private sector and climate change adaptation: International Finance Corporation investments under the Pilot Program for Climate Resilience  24 April 2013

The UK's role in the World Bank and IMF: Department for International Development and HM Treasury  13 March 2013

World Bank on jobs: a "significant departure" or "business as usual"? 13 February 2013


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