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.80 March/April 2012

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

New World Bank president: what's on the agenda?

News|5 April 2012

Illustration by Robin Heighway-Bury/

An unprecedented competition for the presidency of the World Bank, with two highly experienced developing country candidates nominated in addition to the US candidate, has raised demands for reform of the Bank's approach to middle-income countries, human rights, environmental issues, and the private sector, among others. read article...

Building alternatives BRICS by BRICS

News|5 April 2012

With the future of the World Bank up for grabs in the presidency race and the IMF facing a resource crunch, many developing countries are pursuing alternatives to the Washington-based lenders, with Brazil, Russia, India, China and South Africa even mooting a joint BRICS Bank. read article...

IFIs and labour markets some things never change

by Adhemar Mineiro

Comment|5 April 2012

The G20 has ensured that the IFIs are receiving increasing resources to deal with the economic crisis. However, the institutions are resisting the drive to find new paths for world development, particularly for ensuring jobs and employment, and instead remain attached to dogmatic liberal principles and recommend the same old-fashioned liberalisation proposals that have driven the world economy to the deepest crisis since the 1930s. read article...

IFIs labour approach “will get us in trouble”

News|5 April 2012

With global unemployment at record high levels, the IFIs’ approach to employment is being criticised for still encouraging countries to lower labour protections. read article...

IMF's approach to financial regulation "behind the curve"

News|5 April 2012

While the IMF's strategic plan for boosting its financial sector surveillance has not been published, the Fund continues to argue that developing countries need more liberal financial systems. read article...

IEG finds World Bank not well adapted to crisis lending

News|5 April 2012

The final report of the World Bank's Independent Evaluation Group's (IEG, the Bank's arms-length evaluation unit) assessment of the Bank's response to the 2008/09 global economic crisis confirms that Bank measures followed pre-crisis patterns and often failed to reach those most affected, leaving the Bank vulnerable to future crises. read article...

The World Bank and agriculture

by Alexandra Peck

Inside the inst|5 April 2012

Agriculture re-emerged in the last decade as a focus of World Bank Group lending, with the Bank claiming that "improving agricultural performance is the most powerful tool we have available to reduce global poverty and hunger." read article...

World Bank backs dirty energy despite objections

News|5 April 2012

Continued controversy over a coal power project in Kosovo, partly funded by the World Bank, and a catalogue of complaints over its projects highlight the impact of extractives and the lack of alternatives in the Banks energy lending portfolio. read article...

Nature on the market? The World Bank at Rio+20

News|5 April 2012

The Bank will showcase new initiatives on oceans and the valuation of ecosystem services at the United Nations Conference on Sustainable Development, or Rio+20, in Brazil in late June, but is attracting criticism from civil society groups for its approach to 'green growth'. read article...

False solutions? The IFC, private equity and climate finance

News|5 April 2012

As the International Finance Corporation (IFC), the Bank's private-sector arm, announces new investments in its climate-focused private equity fund, critics argue that investing scarce public climate funds in the financial sector is of unproven effectiveness, will miss the world's poorest regions and has questionable developmental impacts. read article...

Capital flows: IMF guidelines criticised

News|5 April 2012

The current surge of capital flows to emerging markets continues to challenge the IMF’s historical position regarding capital account regulation and exchange rate policies, with the Fund’s policy framework being criticised by academics and emerging markets. read article...

World Bank views on poverty "econocentric"

News|5 April 2012

As the World Bank released its latest global poverty estimates, critics warn of the data's shortcomings and how it compromises the understanding of the issue. read article...

IMF in Europe: doomed to fail?

News|5 April 2012

The IMF has scaled back its percentage stake in the Greek loan package but remains assertive in the eurozone, calling for more austerity raising questions over whether periphery nations will play along. read article...

IMF policy recommendations Not enough change after the crisis

by Rathin Roy and Raquel A. Ramos

At Issue|27 March 2012

IMF policy recommendations are often criticised for being too restrictive, procyclical and paying little attention to country-specific circumstances. In the aftermath of the 2008 crisis, the Fund showed some policy rethinking, bringing about expectations of change. However, Rathin Roy and Raquel A. Ramos of the UNDP Policy Centre for Inclusive Growth analyse IMF policy recommendations given to developing countries and conclude that headquarters' receptiveness to new approaches has not been translated into policy analysis or recommendations. read article...

Other stories in this issue

Articles: 3465

Advanced article search
Search newswire and resources


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:

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


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


Bretton Woods Project on Facebook

home | subscribe | donate | search | help | contact

validate: | XHTML | CSS | RSS

powered by Action Apps | hosted by GreenNet | Credits