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Bretton Woods Update No.41 July/August 2004

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Haitian jobs hang in the balance in IFC-funded plant

News|26 July 2004

Illustration by Robin Heighway-Bury/

The International Finance Corporation, the Bank's private-sector arm, has brought in labour mediators in an attempt to resolve a dispute that threatens to leave hundreds of employees at an IFC-funded plant in Haiti without work. read article...

Infrastructure privatisation: “Oversold, misunderstood” … and heavily subsidised

News|26 July 2004

While Bank critics welcome increased flexibility in infrastructure investment, there are fears that a planned expansion of the commercialised model may undermine poverty reduction efforts. read article...

“Middle-income country”? Over half live in poverty

by Susana Cruickshank

Comment|26 July 2004

The recently announced four-year programme of the World Bank for Mexico overstates the involvement of civil society and fails to address the real causes of poverty. read article...

Landmark decision: Canadian company debarred

News|26 July 2004

Anti-corruption campaigners are applauding the World Bank's decision to debar Acres International, a Canadian company found guilty by Lesotho courts of engaging in corrupt activities in a Bank-funded water project. read article...

Bank response to oil, gas and mining review “completely inadequate”

News|26 July 2004

The Bank management response to the recommendations of the Extractive Industries Review was released 18 June to widespread criticism. read article...

Wolfensohn meets with Congolese groups Why are social and environmental safeguards being waived?

News|26 July 2004

A videoconference was held in July to bring together Congolese organisations, international forest activists and Bank President James Wolfensohn to discuss a Bank-supported forest zoning plan for the Democratic Republic of Congo. read article...

Guatemalan gold project gets financing

News|27 July 2004

Campaigners worry that community rights will be disregarded by a Guatemalan gold mine backed by the IFC. read article...

Georgia puts BP pipeline project on hold

News|28 July 2004

The Georgian government has put a two week halt on BP's controversial Caspian oil pipeline project citing a breach of the environmental permit and other security concerns read article...

The World Bank’s project cycle explained

Inside the inst|26 July 2004

The World Bank's public-lending institutions (IDA and IBRD) lend about US$ 15-20 billion annually to 100 countries to Projects ranging from infrastructure, education, health and government financial management. read article...

Bank trade hymn out of tune once again

News|26 July 2004

Pouring cold water on a progressive trade proposal from the EU, the Bank's trade director has once again crossed the boundary from advocacy into ideology. read article...

Moving the goalposts: Zambia’s misery prolonged

News|26 July 2004

Despite intensive efforts to implement the necessary conditions, Zambia has been told that it will have to wait even longer for debt relief. read article...

Bank and Fund evaluation vindicates PRSP critics

News|26 July 2004

The World Bank's Operations and Evaluation Department (OED) has just released the report of an evaluation they have conducted of the Poverty Reduction Strategy Paper approach. read article...

Conditionality: two steps forward, two steps back

News|26 July 2004

The World Bank's forum on conditionality was held at the World Bank Conference Centre in Paris in early July. The majority of participants were representatives of bilateral and multilateral aid agencies and the Bank. read article...

Debt sustainability debates; new proposals for cancellation

News|26 July 2004

Preliminary analysis of the Debt Sustainability framework, early June by US based CNES, points out that if implemented this proposal will emphasise the rights of creditors over all other development challenges, the attainment of the Millennium Development Goals (MDGs) included read article...

Who will assess the assessments?

News|26 July 2004

Civil society organizations remain concerned that impact assessments will not not deliver the desired outcomes. read article...

African directors capacity fund underway

News|27 July 2004

The Analytical Trust Fund for sub-Saharan executive directors at the Bank and Fund will hold its inaugural steering committee meeting in September. read article...

Bank review: ‘one-size fits all’ solutions persist

News|26 July 2004

The World Bank's Operation Evaluation Department released its 2003 Annual Review of Development Effectiveness, finding that the Bank's efforts are hampered by "attempts to transplant policies and institutions without adequate analysis of the context". read article...

Annual meetings update: NGO press pass cancelled

News|27 July 2004

A decision has been taken to discontinue the NGO press pass for the meetings, marking a serious step backwards in relations with civil society. read article...

Other stories in this issue

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