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International Finance Institutions

Home > Archive for International Finance Institutions

EU – India FTA and Financial Liberalization

Even though India and the European Union (EU) are celebrating 60 years of bilateralism, it was only in 2007 during Prime Minister Manmohan Singh’s first tenure that a strategic partnership between the two parties...

Read more June 28, 2023 at 3:00 pm Himanshu Damle

Paris aligned?

The World Bank’s private sector arm, the International Finance Corporation (IFC), plays a significant role in influencing private financial flows. As the “largest global development institution focused on the private sector”, the IFC aims...

Read more April 11, 2023 at 7:50 pm Daniel Willis Marjorie Pamintuan and Kate Geary

Unpacking the WTO and Free Trade Agreements

With the growing integration of economic activities around the world, international trade has become an interesting arena for observers of international political economy and development practices.

Read more March 22, 2022 at 2:07 pm CFA

Reading the Rhetoric: G20, its Politics & What the 2023 Presidency Means for India

Founded in 1999,  in the wake of the Asian Financial Crisis, G20’s formation was announced by the finance ministers of the Group of Seven (G7) as the forum for international cooperation on financial and...

Read more January 5, 2022 at 6:40 pm Sonal Raghuvanshi

Ensuring green equity means equity for people and the planet

With the world facing a climate crisis, urgent action is required on many fronts, not least in ensuring adequate levels of climate finance to support mitigation and adaptation in the Global South. Campaigns to...

Read more October 14, 2021 at 7:23 pm CFA

People’s Summit on BRICS from 18th to 22nd October 2021.

As the 13th BRICS Summit was recently held and chaired by India, the People’s Forum on BRICS (a network of people’s movements, progressive civil society organizations, and trade unions) is convening a 5-day online...

Read more October 14, 2021 at 2:21 pm CFA

World Bank’s Doing Business Report is Just the Tip of the Iceberg!

In September, the World Bank announced that it would discontinue the publication of the Doing Business Report and Ranking (DBR). This overdue decision came after a series of internal audits and an investigation that...

Read more October 13, 2021 at 12:17 pm CFA

Comments from India, Myanmar & Philippines on the Report

& Recommendations from the External Review of IFC/MIGA E&S Accountability, including CAO’s Role & Effectiveness We welcome the opportunity to comment on the report of the external review team. At the outset, the recommendations...

Read more September 22, 2020 at 7:34 pm CFA

Comments by Indian Groups on Recommendations

of External Review of IFC/MIGA E&S Accountability, including CAO’s Role and Effectiveness After 20 years of its existence, the Compliance Advisor Ombudsman (CAO) and International Finance Corporation’s (IFC) social and environmental accountability review has...

Read more September 22, 2020 at 3:31 pm CFA

World Bank pushing privatisation in fisheries sector through Blue Revolution Program ?

I. Yet another Loan for India for response to the Covid-19 crisis India received yet another external loan for dealing with the Covid 19 crisis. Japan announced an emergency support loan of up to...

Read more September 9, 2020 at 7:08 pm Anuradha Munshi

Time to give Covid burial, not suspend, World Bank’s ‘flawed’ Doing Business ranking

On August 27, the World Bank came out with a statement suspending the Doing Business Report. The statement said that a number of irregularities have been reported regarding changes to the data in the Doing Business...

Read more September 7, 2020 at 12:36 pm Maju Varghese

CSO Comments on Operationalizing Reforms to the Inspection Panel, including the creation of a new Accountability Mechanism

The process of the World Bank reforming the Inspection Panel (IPN) to adapt it to the changing environment, the newly adopted Environmental and Social Framework (ESF) started in 2017.  The World Bank’s Committee on...

Read more August 29, 2020 at 12:36 pm CFA

CSO Space during the 5th Annual Meeting

Civil society groups from across the globe wrote to the President of AIIB Jin Liqun raised concerns during the global pandemic and demanded accountability and transparency from AIIB during this pandemic. With the government’s in...

Read more August 29, 2020 at 12:36 pm CFA

Tata Mundra: Case against IFC dismissed in the lower court. Will move appeal soon

On August 24 evening, a federal court ruled that the World Bank Group cannot be sued for any damage caused by its lending–despite last year’s Supreme Court ruling in the same case that these...

Read more August 26, 2020 at 3:56 pm CFA

The Corona Pandemic, Debt and Default

The world was witnessing a massive buildup of debt, even before the pandemic began. World Bank described it as the largest, fastest and most broad based amounting to 230 percentage of the Global GDP. ...

Read more August 26, 2020 at 2:47 pm Maju Varghese
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