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World Bank

Home > International Finance > Archive for World Bank ( > Page 2)

World Without World Bank Possible: Activists

Action Week on World Bank Brings Together Social & Political Activists, Probing their PastĀ  and Demanding Accountability Press Release | Ā October 16, 2020 New Delhi: A key message reverberating in the week long protest...

Read more October 16, 2020 at 4:15 pm CFA

Pandemic As An Opportunity- Covid 19 Outbreak & Response of Multilateral Development Banks

Multilateral Development Organizations like the World Bank Group over the past decades have defined mainly how the language and direction of development have shaped globally. In India, the experience has been no different. From...

Read more October 13, 2020 at 1:47 pm Anuradha Munshi Maju Varghese

Indian Civil Society Groups Announce ā€œWorld Without World Bankā€ Action Week

Highlight the Impacts on Key Sectors in India During IMF-WB 2020 Annual Meetings Date: 12 October, 2020 New Delhi: People’s Movements, Civil Society Groups, and concerned citizens are coming together to protest the World...

Read more October 12, 2020 at 8:36 pm CFA

Give Doing Business report a COVID burial

On August 27th, 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...

Read more September 3, 2020 at 9:35 pm Maju Varghese

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

A weak Inspection Panel will render the last institutional mechanism for communities to hold the World Bank accountable, ineffective.

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 but, the changes that they...

Read more July 30, 2020 at 4:46 pm CFA

Indian groups reject World Bank’s concept note for World Development Report 2021: ā€œData for better Livesā€

The annual World Development Report (WDR) is a flagship publication of the World Bank. The 2021 WDR report is in the process of being drafted and is titled ā€œData for Better Livesā€. The Bank...

Read more July 3, 2020 at 9:33 pm CFA

Disaster Funding and COVID-19 response of MDB’s in India

Over the years increasingly institutions like World Bank and other MDBs have started using post-disaster situations and climate change as an opportunity to bring in policy reforms. Post disaster rehabilitation and recovery programmes provide...

Read more July 2, 2020 at 4:32 pm Anuradha Munshi

Lessons Not Learnt- The World Bank’s disturbing push to privatise Indian education

In September 2018, the Indian government unveiled a massive three-billion-dollar project—Strengthening Teaching-Learning and Results for States, or STARS— designed in collaboration with the World Bank to improve the country’s education system. While 85 percent...

Read more May 7, 2020 at 4:13 pm Anjela Taneja

Learning from 10 years of campaigning on financial intermediary lending at the International Finance Corporation

Civil society organizations from around the world have been campaigning and advocating for a more responsible, human rights-oriented, and sustainable development finance model.Multilateral Development Banks (MDBs) lend money to governments and private actors in...

Read more April 29, 2020 at 1:00 pm CFA

A Big Win- IFC World Bank to Freeze Investment in For-Profit Schools

Recently, a piece of good news has appeared that World Bank Group’s International Finance Corporation (IFC) upholding the right to education in an official commitment and decided to freeze investments in private for-profit pre-primary,...

Read more April 23, 2020 at 12:23 pm Ambarish Rai

Corona Uncovering the Cracks in Capitalism

The COVID-19 corona epidemic that has taken over 16,99,019 lives all around the world has undoubtedly been a disaster with no parallels in modern history. Political and social analysts describe this pandemic as the...

Read more April 17, 2020 at 7:13 pm Aswathi Nair

Elite Capture of resources, the continuing saga of exploitation: A case of World Bank

World Bank Aid or that matter any aid and its impact on countries has been a controversial discussion in development finance circles.Ā  While it is true that aid provides an important source of income...

Read more March 25, 2020 at 6:59 pm Maju Varghese

Procedures for World Bank’s new accountability mechanism lacks transparency and inclusivity

In a press release issued early last week, the World Bank has announced that the review of its independent accountability mechanism, the Inspection Panel, has been completed and that a few major reforms were...

Read more March 17, 2020 at 8:21 pm Tani Alex

When Chief Economists leave the Bank, Credibility Walks Out too

Chief Economist, Pinelopi Koujianou Goldberg known as Penny Goldberg announced her resignation from the World Bank from 1st March 2020. She will be going back to her teaching job at Yale University. This marks...

Read more March 12, 2020 at 11:16 am Maju Varghese
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