IPS Inter Press Service Eye on the IFIs
They underpin the world's financial architecture, with the power to revamp whole economies and channel billions of development dollars each year. But the so-called International Financial Institutions -- the World Bank Group, International Monetary Fund and regional investment banks -- face a new era of public scrutiny and challenges to their relevancy. How are the IFIs responding to growing demands from the South and civil society groups for greater democracy and accountability? And are they living up to their stated mission of promoting economic prosperity for all?.
- Last build:
- Mon, 9 Mar 2008 05:00 GMT
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RSS FEED IDEMS: IPS Inter Press Service Eye on the IFIs
- ECONOMY: More U.S. Banks Agree to Stall Home Repossessions
WASHINGTON, Feb 19 (IPS) - A coalition of U.S. mortgage banks said Tuesday that they would join a nationwide effort to stem a rising tide of home repossessions. - ECONOMY: IMF Sees Worst Downturn in Years
WASHINGTON, Jan 29 (IPS) - The International Monetary Fund (IMF) has again cut its forecast for world economic growth and is bracing for more bad news in rich and poor countries, but it stopped short of using the word "recession" Tuesday. - HEALTH: World Bank, India Confront Corruption
WASHINGTON, Jan 13 (IPS) - Indian health projects are under the microscope following revelations of fraud and corruption in five ventures backed and overseen by the World Bank. - ECONOMY: Global Prospects Pinned on Developing World
WASHINGTON, Jan 9 (IPS) - The world is entering its second straight year of a U.S.-led economic slowdown but resilient developing economies are cushioning the effects, the World Bank said Wednesday in a report portending pain for the poorest. - FINANCE: Watchdog Faults IMF Loan Conditions
WASHINGTON, Jan 6 (IPS) - The International Monetary Fund (IMF) continues to burden its borrowers with superfluous demands despite efforts to streamline loans, an internal watchdog has found. - FINANCE: Prickly Peru Gas Project Gets Key Loan
WASHINGTON, Dec 19 (IPS) - The Inter-American Development Bank approved key financing Wednesday for a Peruvian bid to become an exporter of gas, over the objections of environmentalists and indigenous people's advocates. - FINANCE: Record Support, Some Quibbles for World Bank's IDA Fund
WASHINGTON, Dec 16 (IPS) - Donors have promised the World Bank record sums to spend in the poorest countries from next year, largely overlooking concerns that the global lender uses the money for political purposes. - CLIMATE CHANGE: World Bank Touts Funds, Critics Smell Hot Air
WASHINGTON, Dec 12 (IPS) - The World Bank is seeking money for a scheme aimed at making it more lucrative to preserve the world's forests than to fell them. - ENVIRONMENT-ASIA: Bank's Water Report - Wakeup Call for Leaders
SINGAPORE, Nov 29 (IPS) - A report released by the Asian Development Bank (AsDB) in this affluent city-state on Thursday urges the region’s policymakers to place water-related issues high on their development agenda. - FINANCE: New IMF Boss Caught Between North and South
WASHINGTON, Nov 1 (IPS) - Dominique Strauss-Kahn started his first day as managing director of the International Monetary Fund (IMF) Thursday amid contention over how the agency is governed and what role it fulfils. - DEVELOPMENT: Pakistanis Challenge World Bank Over Water Works
WASHINGTON, Oct 23 (IPS) - Pakistani plaintiffs say the World Bank has yet to make good on promises to fix flaws blamed for lost lives and livelihoods along the world's largest irrigation system. - FINANCE: World Bank Confronts Pygmy Challenge Over Logging
WASHINGTON, Oct 22 (IPS) - The World Bank is scrambling to respond to complaints that it broke its own rules to support commercial logging at the expense of Pygmy lands and livelihoods in the war-wrecked Democratic Republic of Congo (DRC). - DEVELOPMENT: Farming Boost Could Lift a Billion People
WASHINGTON, Oct 19 (IPS) - The World Bank urged greater investment in the developing world's farms Friday, warning that failure to boost agriculture would doom the international community's ambition to halve extreme poverty in the next eight years. - FINANCE: IMF, World Bank Meetings: Agendas Great and Small
WASHINGTON, Oct 18 (IPS) - Downtown Washington has begun to resemble a menagerie as the World Bank and International Monetary Fund (IMF) gear up for annual meetings. - ECONOMY: In IMF Outlook, Cause for Pause
WASHINGTON, Oct 17 (IPS) - The International Monetary Fund's latest assessment of the world economy might resonate with developing countries, critics of economic globalisation, and proponents of tighter financial regulation alike.
