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...
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...
Highlight the Impacts on Key Sectors in India During IMF-WB 2020 Annual Meetings Date: 12 October, 2020 New Delhi: Peopleās Movements, Civil Society Groups, and concerned citizens are coming together to protest the World...
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...
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. ...
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...
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 āData for Better Livesā. The Bank...
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...
In September 2018, the Indian government unveiled a massive three-billion-dollar projectāStrengthening Teaching-Learning and Results for States, or STARSā designed in collaboration with the World Bank to improve the countryās education system. While 85 percent...
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...
Recently, a piece of good news has appeared that World Bank Groupās International Finance Corporation (IFC) upholding the right to education in an official commitment and decided to freeze investments in private for-profit pre-primary,...
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...
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...
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...
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...