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Bretton Woods Update No.43 November/December 2004

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World Bank accountability: demand for reparations won't go away

News|22 November 2004

Illustration by Robin Heighway-Bury/

In 1982 more than 400 Maya Achí men, women and children were tortured, raped and killed by the Guatemalan army after they opposed the construction of the World Bank/ Inter-American Development Bank funded Chixoy Dam. Recently there have been increased calls- in Guatemala and internationally- for reparations from the Bank. read article...

Fund irate over NGO claims that it blocks progress on AIDS

News|22 November 2004

A report released by NGOs ActionAid, Global AIDS Alliance, Student Global AIDs Campaign and RESULTS Educational Fund charges that IMF fiscal targets limit spending on HIV/AIDS programmes. read article...

NGOs respond to UK paper on conditionality

News|22 November 2004

Released late September to coincide with the Bank and Fund annual meetings, the paper sets out the "UK government position on the use of conditions in effective partnerships for poverty reduction". Public comment is invited until the end of November and by early 2005 new guidelines for DFID staff are anticipated to put the new approach into practice read article...

The private sector in Ghana’s water - a strategy to serve or steal?

by Rudolf N. Amenga-Etego

Comment|22 November 2004

Rudolf Amenga-Etego of GrassrootsAfrica comments that the Ghanaian government must re-prioritise the national budget in favour of the water sector. However, this will only be possible if the international financial institutions are restrained. read article...

UK MPs hold hearing on World Bank, IMF

News|15 November 2004

In November the UK International Development Committee held its annual evidence session on the World Bank and IMF, questioning the UK government on issues including conditionality and parliamentary scrutiny of national development strategies. read article...

UK evaluates World Bank; publishes new strategy

News|15 November 2004

The UK's Department for International Development has published an evaluation of the World Bank's work over the past three years. read article...

The Bretton Woods institutions and parliaments

Inside the inst|22 November 2004

The development policy dialogue team is the principal point of contact for parliamentarians and parliamentary organizations at the World Bank. It runs their global parliamentary outreach and is based in the Vice Presidency for Europe. It was instrumental in the creation of PNoWB in 2000. read article...

G24 ministers reject proposed new IMF signal

News|22 November 2004

The IMF announced early October a new programme called the Policy Monitoring Arrangement (PMA) "which would be available to countries with sound policies that don't want to borrow from the IMF but see a benefit to frequent IMF statements to donors, creditors and the general public about the strength of their economic and financial policies". read article...

Private sector safeguard review continues despite boycotts

News|15 November 2004

Civil society organisations globally have stepped up their campaign against the International Finance Corporation's process to overhaul its safeguard policies. read article...

Chad-Cameroon pipeline: Corruption and double standards

News|15 November 2004

The Bank’s claim that the Chad-Cameroon oil and pipeline project proves that petro-dollars can benefit the poor is undermined by the claims of local communities and NGOs who cite numerous examples of violations of social and environmental safeguards. read article...

West Africa Pipeline approved despite resistance

News|22 November 2004

The World Bank's board of directors have just approved an investment guarantee for the US$590 million West Africa gas pipeline (WAGP). Civil society organisations in the region have focussed their concerns on violence and instability in the oil and gas communities of Nigeria’s Niger Delta, and the negative effects of gas flaring. read article...

NGOs to new MIGA head: live up to your mandate

News|22 November 2004

NGOs sent a letter to the new head of the MIGA outlining concerns about portfolio balance, insufficient transparency, and weak environmental and social oversight. read article...

Bank, Fund annual meetings: the ‘Mallaby effect’

News|22 November 2004

The annual meetings drew to a close with little or no progress made on any of the substantive issues on the agenda. Long-time IFI watchers warned of a resurgence of the old ways of doing business at the Bank. read article...

The World Bank policy scorecard: The new conditionality?

by Jeff Powell

At Issue|22 November 2004

The World Bank scorecard on borrowing country policies and institutions plays a key role in the allocation of overseas development assistance. Critics argue that the scorecard is a way to coerce borrowers into adopting the Bank's preferred model of economic development. read article...

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You are now browsing an archive version of the Bretton Woods Project's website. This site has not been updated since September 2013, but may be used for reference material as the nbew site is being developed. However we suggest you look at the new website:

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

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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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