As per the Early Warning System, which collects and verify information about the proposed and existing projects, India, in 2018, had 112 active or proposed projects funded by Development Finance Institutions (DFIs). These institutions...
With the formal process of selection of a new World Bank President kick-starting in a week’s time, it’s imperative to have a view beyond this selection, now that the dust of Jim Kim’s sudden...
The resignation of the World Bank President Jim Yong Kim was an unexpected development given the fact that he had three more years to complete his tenure. Resignations at such a high level after bidding for...
Johannesburg – World Bank president Jim Kim is an ex-leftist who claims that in the mid-1990s he wanted to shut down the Bank. At the time, it was an entirely valid, realistic goal of the 50 Years...
Here’s a lowdown on what good and bad came out of Kim’s reign as the bank’s president and what seems to be the future of the coveted title Jim Yong Kim resigned from the...
कैंब्रिज के अर्थशास्त्री, हा-जून चांग का मानना है कि ‘अर्थशास्त्र का 95 प्रतिशत सिर्फ सामान्य समझ है, जिसे गणित और भारी-भरकम शब्दावली का प्रयोग करके मुश्किल बनाया जाता है।’ इससे हम समझ सकते हैं...
In 2015, farmers and fishworkers from rural India sued the World Bank Group in Washington, D.C., over impacts from a disastrous coal-fired power plant project that they said destroyed their livelihoods and damaged their...
Doing business report isn’t about economic milieu; it’s about lax regulations. This refers to your editorial, ‘Serious business’ (IE, November 2). It notes the improvement in India’s ranking, but also strikes a cautious note...
The Supreme Court heard oral argument this morning in a dispute over immunity for the International Finance Corporation, an international organization that makes loans to private businesses to finance projects in developing countries. The...
In the run-up to this week’s Supreme Court hearing, the IFC has announced a series of new policy reforms that strengthen its social and environmental commitments, an effort that is undoubtedly motivated in part...
Tata Mundra Ultra Mega Power Project India is part of an ambitious plan, which saw the building of several coal-based thermal power stations to meet India’s energy needs. Located on the western coast of...
‘God” is believed to have two strengths, viz., “he is omnipresent” and “he is the creator, reshaper and destroyer of everything around us”. “Finance Capital” is fast acquiring both these “strengths” Believers in “God”...
The Asian region has experienced the emergence of new MDBs over last few years. For many years, the Asian Development Bank was the only development bank in the region and has been dominated by...
AIIB Third Annual Governors Meeting Prioritises PPPs and Investments in Funds to Mobilize Private Capital for Infrastructure as the Way Forward The last week of June saw India host the third annual meeting of...
Close to past two decades India has been observing measures to reform the water sector based on the financial sustainability model put forward by the International Financial Institutions (IFIs) based on principles like increasing...