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World Bank

World Bank to bypass restrictions in lending for infrastructure to Sub-National entities (May 2006)

Rethinking Bretton Woods | Mon, Mar 26, 2007

World Bank to bypass restrictions in lending for infrastructure to Sub-National entities (May 2006)

 World Bank to bypass restrictions in lending for infrastructure to Sub-National entities

 By Aldo Caliari and Paul Martin

A World Bank report titled "Sub-National Development Program. A proposed World Bank Group initiative to scale up and mainstream technical assistance and financial support to sub-national entities" raises concerns about its potential to encourage further privatization and high levels of indebtedness by sub-national entities.

Long Due Reform? The International Monetary Fund, the World Bank, and Global Economic Governance 60 Years Later (2005)

Rethinking Bretton Woods | Thu, Aug 4, 2005

Long Due Reform? The International Monetary Fund, the World Bank, and Global Economic Governance 60 Years Later (2005)

The International Financial Institutions (IFIs) are key players within the current architecture of global governance. Sixty years after the creation of the International Monetary Fund (IMF) and the World Bank in Bretton Woods, New Hampshire, their role and their relationship with other key institutions such as the UN are being called into question more than ever before.  This paper from Coopération Internationale pour le Développement et la Solidarité (CIDSE) examines the Bretton Woods Institutions 60 years later.
Trade Liberalization and the Role of International Financial Institutions

Global Women's Project | Thu, Oct 14, 2004

Trade Liberalization and the Role of International Financial Institutions

This article provides a situation analysis of emerging issues facing developing countries in the
multilateral trade and finance system. The expanded involvement of the IFIs in trade-related
activities has resulted in constraints on the national development strategies of borrowing countries,
and the inter-linkages between trade and financial policies can reinforce and prolong poverty and
inequality. It argues that, while policy integration is vital for realising effective solutions to
developmental problems, the current methods of trade-finance policy integration are unlikely to
resolve these issues.
Letter to World Bank President regarding World Bank's interference in trade negotiations (September 2004)

Rethinking Bretton Woods | Tue, Sep 28, 2004

Letter to World Bank President regarding World Bank's interference in trade negotiations (September 2004)

The Center of Concern organized an effort to write to the World Bank President, Mr. James Wolfensohn, to denounce the World Bank's weighin on one side of ongoing WTO trade negotiations. As negotiations to achieve a framework agreement at the WTO were going on, a World Bank official criticized an element of a proposal by the European Union that would have exempted poor countries from having to make substantial tariff cuts. "We do not believe that it is appropriate for an institution like the Bank to formulate an assessment of a country’s trade negotiating offer, as it has happened in this case, no matter its substance." , the organizations said in the letter.

 

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