Private sectorWorld Bank private sector work; the privatisation of state-owned enterprises, and Involvement of transnational corporations in IFI projects. Includes: Work of the International Finance Corporation (IFC) / Multilateral Investment Guarantee Agency (MIGA) / International Court for the Settlement of Investment Disputes (ICSID), Private sector development strategy, privatisation of services, corporate social responsibility, TNC involvement. read more background... BriefingsThe World Bank, the IFC and the antecedents of the financial crisisThe financial crisis seemed to come out of the blue, but Paulo dos Santos of the University of London argues that the ground was laid by financial sector privatisation, liberalisation and deregulation. Far from these trends being confined to the rich world, the World Bank and the IFC have played a key role in pushing these policies throughout emerging markets, exposing them to the fallout of the financial crisis. read article... Inside the institutions: IFC advisory servicesThe advisory services (AS) department of the International Finance Corporation (IFC), the private sector arm of the World Bank Group, has grown rapidly since its establishment in 1986 and is seen by the IFC as one factor that distinguishes them from other financiers. read article... The World Bank and transportGiven that the World Bank's primary activity in its first decades of operation was financing infrastructure projects, the fact that the transport sector is the single largest sector for Bank lending should come as no surprise. However with the prevalence of concerns about underinvestment in social sectors, transport lending was on the decline in the late 90s and early part of this century. Now the pendulum is swinging back and transport sector lending is on the rise in both the public and private sector arms of the Bank. read article... Items 1 to 10 of 311Bretton Woods Project submission on the DFID White PaperIn a submission the the DFID white paper consultation, we set out the significant change needed at the World Bank and IMF to bring them into line both with international norms and with UK policy, in order to improve their contribution to sustainable development. In this submission we outline changes needed in: IFI governance; IFI conditionality policies; IFI policies related to aid effectiveness; IFI policy on climate change; private-sector finance; and the financial sector's impact on development. read article... IFC and broad community support World Bank spring meetings, April 23, 2009Minutes of a session hosted by the IFC at the World Bank spring meetings, April 23, 2009 read article... Compliance Advisory Ombudsman review of standards for Bank’s private sector lendingNotes of a session with the CAO at the World Bank spring meetings, Washington, DC, April 22, 2009. read article... World Bank-IMF spring meetings 2009This page will be updated regularly with the latest news from the 2009 World Bank and IMF spring meetings read article... IFC's role in Yemen miningTrends in the relationship between World Bank and IFC technical assistance policies and the IFC's investment portfolio raise interesting questions over possible conflicts of interest. Disclosure at the IFC remains opaque making specific details of projects and policies hard to come by. read article... UN criticises IFI-led housing policies
In February the UN special rapporteur's report on housing was released, highlighting the impact of economic, financial and housing policies on the right to adequate housing and how such policies have contributed to the current crisis. read article... World Bank under fire over support for private sector health careThe debate over the World Bank's support for private sector investment in health care provision in developing countries is in the limelight again. A new report by Oxfam asserts that while the private sector can play a role in health care, evidence shows that only scaling up of private sector provision of services is likely to deliver health benefits for poor people. read article... Ghana's off-shore nightmareThe IFC ignored due process requirements mandated by the laws of Ghana in the case of the Jubilee oil field project and should not have considered the loan applications at the board. In so dong the IFC is encouraging the infringement of the basic rules of governance and transparency. read article... IFC keeping up with the kidsNot content to just launch its heavily-criticised Doing Business on second life, the World Bank’s International Finance Corporation launched a group on popular social networking site Facebook in 2008. read article... Bankspeak of the year 2008Annual Bretton Woods Project award for the most incomprehensible or absurd use of language in a Bank or Fund document or speech. read article... |
Articles: 2499 Related itemsEvents
ResourcesDiscusión de la Revista Médica Británica 15 April British Medical Journal discussion on Oxfam report 15 April Republic of Armenia Municipal Development Project: Redacted report 13 April G20 London summit communiqué 2 April World Bank response to Blind Optimism 1 April Declaración de Londres de los Sindicatos Globales (Global unions London declaration), ITUC 23 March Global unions London declaration 23 March Optimismo Ciego 1 March Blind optimism 1 March Newswire |
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