The World Bank must reconsider this dangerous path and ensure that its energy financing truly supports climate resilience and equitable development, rather than exposing vulnerable populations to unnecessary risks. The World Bank’s recent decision to end...
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...
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...
October 19, 2023 The undersigned organizations are gravely concerned about the recent media report of child sexual abuse at Bridge International Academies in Kenya, and allegations that the World Bank’s International Finance Corporation (IFC)...
India has been the poster boy of the World Bank's Ease of Doing Business as it leaped in the ranking by rapidly deregulating its economy. Environmental regulations were scaled back, labour regulations diluted...
Three years after discontinuing the Doing Business report, the World Bank Group is introducing a new corporate flagship publication called the Business Ready (B-READY) report.
This year, the World Bank and IMF Spring Meetings took place virtually from the 22nd to the 24th of April, 2022.
The International Monetary Fund (IMF) along with the Board of Governors of the World Bank (WB) Group is having its annual Spring meeting from April 18th- 24, 2022 in order to commemorate another year...
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...
