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

Jump to main content | Jump to sidebar | Jump to navigation menu



Bretton Woods Update cover

Bretton Woods Update No.67 September/October 2009

PDF version | At Issue PDF | text version | versión en español

Breaking the chains? IFC backs out of palm oil

by Hadiru Mahdi

News|22 September 2009

Illustration by Robin Heighway-Bury/Thorogood.net

Violations of the IFC's performance standards in a palm oil project in Indonesia could have far reaching effects, drawing attention to the IFC's responsibility for the impact of whole supply chains as a review of their social and environmental standards gets under way. read article...

Asia debates moving away from IMF and West

by Bhumika Muchhala

News|22 September 2009

At a conference in Penang, Malaysia in August, officials, academic and members of civil society from the Asian region sought to chart a way towards greater regional cooperation that would insulate them from the IMF and financial crises. read article...

IFIs and Zimbabwe a love - hurt relationship

by Taurai Chiraerae

News|22 September 2009

The allocation of special drawing rights to Zimbabwe have stirred controversy about whether the country should use these to bolster its flagging public finances, while the fragile coalition government struggles with an external debt burden projected by the IMF to hit almost $7 billion by the end of the year. read article...

Bank's approach to agriculture under fire

by Rachel Whitworth

News|22 September 2009

The World Bank and the IFC have committed to increase funding to agriculture to help tackle the food crisis, but their enthusiasm for agribusiness has been questioned by academics who suggest the benefits will not reach the hungry. read article...

Dollars, devaluations and depressions How the international monetary system creates crises

by Peter Chowla, Barbara Sennholz and Jesse Griffiths

At Issue|23 September 2009

The international monetary framework which emerged after the collapse of the Bretton Woods system in the 1970s has proved volatile, damaging and prone to crises. It is time for a fundamental redesign and the introduction of a global reserve currency, to help stabilise international exchange rates, smooth commodity prices, promote international economic cooperation, and prevent future financial crises. read article...

G20 versus UN: the battle continues

News|22 September 2009

The future of international economic governance and financial reform is still being debated separately at the United Nations and the G20, but little progress is being made. read article...

The Byzantine governance of the IFIs

by Roberto Bissio

Comment|22 September 2009

On August 28, in Bariloche, Argentina, the presidents of twelve South American countries met to discuss a life-or-death issue for their newly created Union of South American Nations (Unasur): the Colombian-US agreement allowing for extra-regional military to set up a chain of bases very close to the heart of the Amazon. read article...

Good cop, bad cop? IMF in Honduras, Sri Lanka

News|22 September 2009

There has been significant concern about IMF programmes in Honduras, where the IMF has not made clear whether it will deal with coup leaders who seized power from the elected president, and in Sri Lanka due to concern over allegations that the government is abusing the human rights of hundreds of thousands of Tamils. read article...

Concerns over IFC's upcoming performance standards review

by Ben Natkin

News|22 September 2009

The IFC has launched the three year review of their performance standards on social and environmental sustainability but civil society has raised concerns about the review and critiques remain with regard to the content of the standards. read article...

Safeguard policies and performance standards

Inside the inst|22 September 2009

Originally drafted as internal operational policies to guide staff, World Bank safeguard policies evolved after pressure from environmental and social groups in the 1980s and were first officially implemented in 1998. They aim to protect people and the environment from the adverse effects of Bank-financed operations and are based on international agreements, even if these protections are not explicitly provided for in the borrower country's national law. read article...

Contract transparency missing as IFC expands oil investments in Africa

by Joshua Klemm

News|22 September 2009

As the World Bank's private lending arm, the International Finance Corporation (IFC), expands its role in the African oil and gas sector, civil society groups are insisting that it adopt a requirement for full contract transparency in all of the extractive industries projects that it finances. read article...

Business as usual? The World Bank's new energy strategy

by Jakob Kane Loukas

News|22 September 2009

The World Bank's planned energy strategy review focusses on energy access for the poor and environmental sustainability, but NGOs fear it will justify continued fossil fuel finance. read article...

Jockeying for position over World Bank's role as climate talks near

by Ama Marston

News|22 September 2009

With roughly two months until the Copenhagen climate negotiations commence, questions loom about quantities of climate finance and which institutions will channel it, leaving speculation about the role the World Bank will end up playing read article...

Rebranding hides little change for IMF lending

News|22 September 2009

The IMF has launched a rebranding exercise for all of its lending to low-income countries, and while the new facilities will deliver more resources, the money seems destined to come with the usual damaging conditionality attached. read article...

IMF advice paradox increase social spending, but contain deficits

by Nuria Molina

News|23 September 2009

During the last year, endowed with record funding and painted by the G20 as the 'saviour' of crisis-hit developing countries, the IMF has embarked on a public relations offensive to prove that it has changed its traditionally austere policy advice and conditions and has become 'more flexible'. read article...

IMF conditions stoke controversy, prompt strikes

News|22 September 2009

The IMF's loans across Europe, from Iceland to Romania are stoking deep controversy and protest. Resistance is building from civil society aganist the austerity benig imposed. read article...

Flexibility or seeds of new crisis? IFIs debt framework revised

by Gail Hurley

News|22 September 2009

A flurry of papers by the IFIs, UNCTAD and NGOs raise concerns over renewed debt difficulties in poor countries just as the IFI's complete a review of the debt sustainability framework to allow more borrowing. read article...

Other stories in this issue

Articles: 3465

Advanced article search
Search newswire and resources

SUBSCRIBE NOW

Subscribe FREE to the Bretton Woods Update

Update issues

No.86, Jun/Jul 2013 | PDF

No.85, Mar/Apr 2013 | PDF

No.84, Jan/Feb 2013 | PDF

No.83, Nov/Dec 2012 | PDF

No.82, Sep/Oct 2012 | PDF
No.81, Jun/Jul 2012 | PDF
No.80, Mar/Apr 2012 | PDF
No.79, Jan/Feb 2012 | PDF
No.78, Nov/Dec 2011 | PDF
No.77, Sep/Oct 2011 | PDF
No.76, Jun/Jul 2011 | PDF
No.75, Mar/Apr 2011 | PDF
No.74, Jan/Feb 2011 | PDF
No.73, Nov/Dec 2010 | PDF
No.72, Sep/Oct 2010 | PDF
No.71, Jun/Jul 2010 | PDF
No.70, Mar/Apr 2010 | PDF
No.69, Jan/Feb 2010 | PDF
No.68, Nov/Dec 2009 | PDF
No.67, Sep/Oct 2009 | PDF
No.66, Jun/Jul 2009 | PDF
No.65, Mar/Apr 2009 | PDF
No.64, Jan/Feb 2009 | PDF
No.63, Nov/Dec 2008 | PDF
No.62, Sep/Oct 2008 | PDF
No.61, May/Jun 2008 | PDF
No.60, Mar/Apr 2008 | PDF
No.59, Jan/Feb 2008 | PDF
No.58, Nov/Dec 2007 | PDF
No.57, Sep/Oct 2007 | PDF
No.56, May/Jun 2007 | PDF
No.55, Mar/Apr 2007 | PDF
No.54, Jan/Feb 2007 | PDF
No.53, Nov/Dec 2006 | PDF
No.52, Sep/Oct 2006 | PDF
No.51, May/Jun 2006 | PDF
No.50, Mar/Apr 2006 | PDF
No.49, Jan/Feb 2006 | PDF
No.48, Nov/Dec 2005 | PDF
No.47, Sep/Oct 2005 | PDF
No.46, May/Jun 2005 | PDF
No.45, Mar/Apr 2005 | PDF
No.44, Jan/Feb 2005 | PDF
No.43, Nov/Dec 2004 | PDF
No.42, Sep/Oct 2004 | PDF
No.41, Jul/Aug 2004 | PDF
No.40, May/Jun 2004 | PDF
No.39, Mar/Apr 2004 | PDF
No.38, Jan/Feb 2004 (web-only)
No.37, Nov/Dec 2003 | PDF
No.36, Sep/Oct 2003 | PDF
No.35, Jul/Aug 2003 | PDF
No.34, May/Jun 2003 | PDF
No.33, Mar/Apr 2003 | PDF
No.32, Jan/Feb 2003 | PDF
No.31, Nov/Dec 2002 | PDF
No.30, Sep/Oct 2002 | PDF
No.29, Jul/Aug 2002 | PDF
No.28, May/Jun 2002 | PDF
No.27, Mar/Apr 2002 | PDF
No.26, Jan/Feb 2002 | PDF
No.25, Oct/Nov 2001 | PDF
No.24, Aug/Sep 2001 | PDF
No.23, Jun/Jul 2001 | PDF
No.22, Apr/May 2001 | PDF
No.21, Feb/Mar 2001 | PDF
No.20, Dec 2000 | PDF
No.19, Oct 2000 | PDF
No.18, Aug 2000 | PDF
No.17, Jun 2000 | PDF
No.16, Apr 2000
No.15, Dec 1999
No.14, Sep 1999
No.13, Jun 1999
No.12, Mar 1999
No.11, Dec 1998
No.10, Sep 1998
No.09, Jun 1998
No.08, Mar 1998 | PDF
April - June 1997 | PDF

New website launched

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:
http://www.brettonwoodsproject.org/

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

No item found

Latest IFI-related video

The World Bank and human rights abuse in Honduras 7 August, Social Justice Committee of Montreal

Subscribe

Bretton Woods Update, 6 emails/year:
highlights fulltext pdf
Alerts of new web content
Weekly newswire email

Email:


Bretton Woods Project on Facebook


home | subscribe | donate | search | help | contact


validate: | XHTML | CSS | RSS

powered by Action Apps | hosted by GreenNet | Credits