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 AIIB has developed into a major player in the global financial architecture in record time: It first became operational in January 2016, and as it completes its third anniversary in 2019, the Beijing-based...
WILD ANIMALS ONCE RAN AMONG the acacia trees outside Navinal, one of many small villages hugging the Gulf of Kutch–an inlet on India’s northwest coast. Gajendra Singh Jadeja remembers them well: Cattle foraged for...
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...
In full-page advertisements in the Financial Times and Yomiuri Shimbun, Japan’s largest daily newspaper, 50 reputed organisations, working on environment and accountability related issues, from across the world have appealed to Shinzo Abe to...
The World Bank’s support for giant coal fired power plants in India and South Africa illustrate the organisation’s many institutional failings. This article is part of a series by openDemocracy and the Bretton Woods...
On February 27, 2019, the US Supreme Court in a 7-1 decision ruled that international organisations like the International Finance Corporation (IFC), a private-lending arm of the World Bank Group, do not enjoy absolute...
In its historic decision on 27th Feb 2019, the U.S. Supreme Court decided that international organizations like the World Bank Group “don’t enjoy absolute immunity”. Simply put, with this judgement, the World Bank and...
Solidarity Statement from India At People’s Dialogue, Cape Town on 31 March 2019 In response to BRICS-led New Development Bank’s 4th Annual General Meeting in South Africa The BRICS led NDB (New Development Bank)...
It is being emphasised quite often that the infrastructure sector is a crucial driver for the Indian economy. The sector would be responsible for propelling India’s overall development and enjoys intense focus from the...
This February, in a landmark decision, the US Supreme Court ruled that financial institutions like the World Bank’s International Finance Corporation (IFC) are not immune from the law of land, and can be held...
The World Development Report (WDR) is the World Bank’s development research and policy review report published annually. Started by IBRD since 1978, this report is intended to provide deep and extensive analysis on one...
Absolute immunity leads to impunity, and that foments lack of transparency and the reluctance to be held accountable Over three decades back, it looked quite impossible to ask the World Bank to review a...
What does the US Supreme Court’s Judgement on World Bank Group’s Immunity Mean for the people of Mundra, Gujarat, India and beyond? Dr Bharat Patel General Secretary, Machimar Adhikar Sangharsh Sangathan and one of...
For Immediate Release February 27, 2019 New Delhi: In a historic 7-1 decision, the U.S. Supreme Court decided in Jam v. IFC that international organizations like the International Finance Corporation of the World Bank Group...