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Old Biases Hard to Shed in IFIs Trade and Investment Approach (October 2010)

Rethinking Bretton Woods | Wed, Oct 6, 2010

By Aldo Caliari

In this article, appeared in issue No. 72 of Bretton Woods Update -- a publication of the UK-based Bretton Woods Project--, Aldo Caliari examines a World Bank’s recent launch of its Investing Across Borders report. 

The report, he argues, is part of a worrisome trend that involves the Bank’s growing use of tools other than conditionality to restrict the space for countries to pursue alternative, country-tailored development strategies.