December 17, 2024 To, Executive Director The World Bank Washington, D.C. Dear Ms. / Mr. We, civil society organizations from 17 countries, write to express our grave concerns regarding the Amaravati Sustainable Infrastructure and Institutional Development Project (Project ID: P507508), which is scheduled for Board approval on December 19,...
Truman – Rostow Club and the Birth of Development Discourse In 1949, U.S. President Harry Truman, in his “Point Four” speech, introduced an influential vision of “development” that charted the course of history toward...
In 1994, the New York Times described the World Bank and International Monetary Fund (IMF) as “overlords of Africa” and ostensibly so the bankers have indeed become overlords of the global south since the globalisation...
On their 80th birthday, the colonial legacies of the World Bank (collectively for the IBRD – International Bank for Reconstruction and Development and the IDA – International Development Association) and the International Monetary Fund...
The Bretton Woods institutions – the World Bank and International Monetary Fund (IMF)- have completed 80 years of existence and operations. As people of the global south, who continue to bear the brunt of...
The 80th anniversary of the World Bank is a good time to bury the arguments in favor of reforming the institution and strengthen the demand for radical restructuring. The past eight decades did not...
The Centre for Financial Accountability, a New Delhi-based organisation working to strengthen and improve financial accountability within India, invites students and researchers to participate in an essay competition on the topic of Interrogating the...
Thirteen years after communities from Odisha’s Dhenkanal district filed a complaint at the International Finance Corporation’s (IFC) accountability mechanism
While the fanfare of the G7, with shake-hands and selfies, is slowly settling down, a report prior to the Summit warned that it is the last opportunity for G7 to deliver on fossil fuel...
International finance and geopolitics are quite dynamic and will tend to alter each day. We must have a clear view of our nation and where it stands in this landscape.
The Spring Meeting of the World Bank and IMF, held from April 15-20, marks the commencement of celebrations for the 80th anniversary of the Bretton Woods Conference, aimed at rebuilding the world in the...
The India-EFTA TEPA is the first time that India has signed an FTA with four developed European countries. The deal fits into the West’s ‘China Plus One’ agenda and advanced western nations, because of...
The first issue of India & Global Finance: An Annual Review for 2023-24 comes at a juncture where, on the one hand, India is flexing its muscle to be a global leader and on...
During 2024, the Asian Infrastructure Investment Bank will review its so-called Accountability Framework. In reality, this is a misnomer, as the Framework serves to actively undermine accountability.
The establishment of the Inspection Panel marked a significant development, driven by the pressure exerted by people's movements and civil society organizations (CSOs), during a period when the World Bank Group operated under the...
