The Bretton Woods Project works as a networker, information-provider, media informant and watchdog to scrutinise and influence the World Bank and International Monetary Fund (IMF).
IFC must demonstrate its commitment to respect human rights ¤ 7 March 2011 In March 2011 60 civil society organisations published a statement addressing the final proposed draft of the International Finance Corporation's revised Sustainability Framework, which is intended to manage social and environmental risks associated with IFC (...) read more
For the love of markets ¤ 18 February 2011 As record high food prices have contributed to unrest in Egypt, Tunisia and beyond, the World Bank's unwavering faith in markets has stirred debate about how best to address the multitude of factors underlying a global crisis in food prices. Meanwhile, World Bank president Robert Zoellick (...) read more
IFC standards revision leaves out human rights ¤ 18 February 2011 As the review of the performance standards of the International Finance Corporation’s (IFC), the World Bank's private sector lending arm, enters the last stretch, civil society groups are up in arms about the latest draft, which has taken steps backward, particularly in relation to the (...) read more
The IMF’s new conditionality ¤ 18 February 2011 While the 2007-2010 crisis offered the International Monetary Fund an unexpected opportunity to demonstrate that it was serious about changing its emergency lending practices, Daniela Gabor argues that in Eastern Europe the Fund ended up pushing unnecessary fiscal austerity and privileging (...) read more
IEG reports mixed World Bank effectiveness ¤ 17 February 2011 The World Bank’s arms-length Independent Evaluation Group (IEG) released its annual report, Results and performance of the World Bank Group in November last year. Whilst the Bank’s own reviews of its performance find its projects to be mostly satisfactory, performance against stated (...) read more
Donor IDA pledges fall flat ¤ 17 February 2011 The World Bank gained a 12 per cent inflation adjusted increase from the 16th fundraising round for its low-income country arm, the International Development Association (IDA), despite flat donor contributions, amid renewed criticism of its overall (...) read more
Bankspeak of the year 2010 ¤ 17 February 2011 Annual Bretton Woods Project award for the most incomprehensible or absurd use of language in a Bank or Fund document or speech. read more