Kerala became the first state to enter into a state partnership with World Bank based on their new Country Partnership Framework 2018-22. The partnership is for a development policy loan of USD 500 million...
The Resignation of IMF Chief, and Western Dominance in IFIs Christine Lagarde, IMF’s Managing Director, resigned this month after she was nominated to head the European Central Bank. She previously served as France’s finance minister during...
This monthly column tracking developments in the world of the international finance looks into the review of Equator Principles, ITUC’s critique on IMF Framework on Social Spending, and World Bank’s report on the Global...
IMF loans a continuous saga of conditionality. The latest in the countries that have received the International Monetary Fund (IMF) loans after Greece and Turkey is Pakistan. This is Pakistan’s thirteenth loan from IMF...
The New World Bank President The annual Spring Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) was held in Washington DC this year with...
The resignation of the World Bank President Jim Yong Kim was an unexpected development given the fact that he had three more years to complete his tenure. Resignations at such a high level after bidding for...
Doing business report isn’t about economic milieu; it’s about lax regulations. This refers to your editorial, ‘Serious business’ (IE, November 2). It notes the improvement in India’s ranking, but also strikes a cautious note...
The AIIBs vision must comprise multi-dimensional aspects, including social infrastructure like health and education. It should focus on people, their involvement and fundamental rights in the city. The Asian Infrastructure Investment Bank (AIIB) has...
The Doing Business Report and the Ease of Doing Business Index is one of the flagship reports of the World Bank Group, a co-publication of World Bank and International Finance Corporation – the private...
The call for reforms in the labour laws in the country became strong with the liberalisation of the economy in the 90’s. The Second National Commission on labour was set up in 1999 which...
In a major revelation, Paul Romer, the chief economist of World Bank apologized to Chile for changes to the Ease of Doing reports methodology which conveyed the wrong impression of the business environment under...
On November 1st, 2017 India witnessed one of the largest boiler accidents in recent times. An NTPC plant originally supported by Asian Development Bank met with an accident in their newly built unit. As...
There was jubilation in the government as the Ease of Doing Business ranked India in the 100th spot, 30 points ahead from last year which is supposed to be the biggest jump by any...
Every year, India pays an enormous amount of money as commitment charges to the multilateral institutions for not utilising the loans sanctioned by them. Investopedia defines commitment charges as the fee charged by the lender...
For the last 32 years, people in the Narmada valley are struggling against what they call as an unjust development which displaces tribals and farmers and inundates homes, agricultural fields, forests and thousands of...