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Topic: World Bank

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In the News (Sat 20 Jul 19)

  Africa Action Position Paper: Hazardous to Health
It was U.S. policy during the Reagan Administration in the early 1980s, to expand the role of the World Bank and IMF in managing developing economies (6).
In 2001, approximately 27% of World Bank lending to African countries was for "adjustment." In the World Bank's total loan portfolio, adjustment lending generally accounts for between one-third and one-half (7).
The policies imposed by the World Bank and IMF have fueled the spread of the disease and continue to hinder the response to this health emergency.
www.africaaction.org /action/sap0204.htm   (5630 words)

 Bank Information Center USA : World Bank   (Site not responding. Last check: 2007-10-22)
The mission of the original World Bank- founded with the International Monetary Fund at the 1944 Bretton Woods conference- was largely to provide reconstruction financing for post-World War II Europe.
The selection of the President of the World Bank Group is based on a "gentlemen's agreement" between the world's richest countries: the United States Government chooses the head of the World Bank while the largest countries of Western Europe name the head of the IMF.
The donors of the World Bank Group's International Development Association (IDA), which lends to the world's poorest countries on concessional terms, are referred to as the IDA Deputies.
www.bicusa.org /bicusa/issues/world_bank/index.php   (3414 words)

 World Bank - Education - Information - Educational Resources - Encyclopedia - Music
The Group's headquarters are in Washington, D.C. The World Bank Group is presently headed by president (1995-2005) James D. Wolfensohn, who is president of the IBRD as well as the four affiliated institutions.
Despite these policies, World Bank Group projects are frequently criticized by non-governmental organizations (NGOs) for causing environmental and social damage and for not achieving their intended goal of poverty reduction.
What is clear is that the environmental abuse, both social and physical, the Bank, the IMF (and the World Trade Organization, for that matter) permit in regard to their rules and projects is unlikely to change until their decisions are open to public scrutiny and general transparency.
education.music.us /W/World-Bank.htm   (1846 words)

 CorpWatch : World Bank Fact Sheet
The wealthy Northern countries which control the World Bank and IMF dictate the agendas of these institutions, and their interests are best served by defending the status quo.
Furthermore, the Bank's staff is currently dominated by economists who have spent their careers defending the validity of neoclassical economics, the foundation of the World Bank model of development.
Furthermore, the President of the World Bank is by tradition an American, and the IMF President is a European.
www.corpwatch.org /article.php?id=444   (1382 words)

 Activists View Argentina's World Bank Default as Positive - Global Policy Forum - Social and Economic Policy
Thursday's decision could also harm the World Bank and the International Monetary Fund (IMF), both interested in maintaining their positions and reputations as superior patrons of the world economy.
By defaulting to the Bank, Buenos Aires may also be sending a message that it may no longer feel forced to accept the IFIs' programmes, and that there are other alternatives, he added.
In a report distributed electronically, the Brussels-based anti-debt group Eurodad argues that the World Bank might be equally harmed by the high-profile default, which could call into question the Bank's own creditworthiness and reputation.
www.globalpolicy.org /socecon/bwi-wto/wbank/2002/1115arg.htm   (962 words)

 The Whirled Bank Group
Washington DC World Bank President Retires; Search for New President Is On
The World Bank seeks a new President to implement failed policies and ensure continued global poverty.
A rebuttal to the widely-distributed misinformation circulated by the World Bank.
www.whirledbank.org   (103 words)

 World Bank President - shining a spotlight on the selection of the tenth president
Reuters explains: "President George W. Bush's recent choice of Pentagon No. 2 Wolfowitz to lead the World Bank is proving a lightning rod for resistance groups, who view him as the chief architect of the U.S. invasion of Iraq and fear he will pursue Bush's agenda with a similar zeal in his new job.
Meanwhile Bank staff are indicating that none of them will be prepared to challenge Wolfowitz's partner Shaha Ali Riza for the senior Bank job she is applying for.
Mallaby, you'll recall, said the bank's "affinity with the world's most successful society" was a plus and that Paul Wolfowitz's "strength is that he'll make the bank a tool of U.S. policy." more...
www.worldbankpresident.org   (1135 words)

 World Bank Group | Climate Change
Climate change has emerged as a key concern for the World Bank and its clients in the 21st century.
Sea level rise, warming temperatures, uncertain effects on forest and agricultural systems, and increased variability and volatility in weather patterns are expected to have a significant and disproportionate impact in the developing world, where the world's poor remain most susceptible to the potential damages and uncertainties inherent in a changing climate.
The Bank is increasingly incorporating these considerations into its development operations, advising clients on options, helping promote sectoral efficiency and clean energy alternatives, and assisting its clients in adapting to foreseeable impacts while seeking globally equitable responses to the challenge.
lnweb18.worldbank.org /ESSD/envext.nsf/46ByDocName/ClimateChange   (285 words)

 World Bank Boycott Home   (Site not responding. Last check: 2007-10-22)
he World Bank Boycott is an international grassroots campaign that is building moral, political, and financial pressure on the World Bank.
Congress has begun to cut funding and add criteria for the World Bank and other multilateral development banks (MDBs) as a Federal deadline of June 30, 2005 for a series of accountability and anti-corruption reforms was not met by any of the MDBs.
Those who rely upon the assurances of private banks or project developers who apply the “safeguard policies” of the World Bank or its corporate arm, the International Finance Corporation, need to reconsider the level of protection those policies actually provide.
www.worldbankboycott.org   (215 words)

 IMF/World Bank policies pave way for continuing famine in Africa
The World Food Programme (WFP) estimates that more than 38 million people in over 25 countries across the African continent are in need of food assistance.
World Bank lending for agriculture slumped from 31 percent of total lending in 1979-81, to 10 percent in 1999-2000.
This is in large part due to previous IMF and World Bank policies that encouraged poor countries to take out loans.
www.wsws.org /articles/2003/feb2003/fam-f05.shtml   (1796 words)

 Eldis - World Bank and IMF issues   (Site not responding. Last check: 2007-10-22)
This study explores World Bank policies on higher education for Africa and their consequences.
It assesses the extent to which Bank interventions have contributed to growth and poverty reduction and the....
The purpose of this paper is to assess the World Bank’s recent relations with civil society organizations (CSOs), and to propose options for promoting more effective civic engagement in Bank-supported....
www.eldis.org /wbimf/index.htm   (477 words)

 World Bank on Encyclopedia.com   (Site not responding. Last check: 2007-10-22)
World Bank and 'La Poste' team up to reach socially responsible French investors.
World Bank President Paul Wolfowitz to visit four African countries during June.
After World War I, the Bridge across the Jordan River linking Israel to Jordan, was named the ALLENBY BRIDGE after the General Allenby the Commander of the British forces who conquered the (PAR103925)
www.encyclopedia.com /html/X/X-W1orldB1an.asp   (475 words)

 Social Indicators of Development   (Site not responding. Last check: 2007-10-22)
World Bank staff review the social indicators for reliability and validity.
The Socio-Economic Data Division of the World Bank's International Economics Department is responsible for archival of the Social Indicators of Development dataset.
Access is available via the World Bank's Public Information Center.
www.ciesin.org /IC/wbank/sid-home.html   (437 words)

 SignOnSanDiego.com > News > Nation -- World Bank chief says he wants U.S. to do more in global development
TOKYO – World Bank President Paul Wolfowitz said on Tuesday that he wants to see the United States contribute more to fight poverty and promote global development.
Wolfowitz likened aid to African nations to efforts among the continents' leaders to fight corruption and abuse of power, and added that progress is being made on those fronts.
Wolfowitz is in Tokyo as part of his two-week trip to Japan, China, Russia, Sweden and Finland – his first visit to those countries since taking office as head of the 184-nation bank whose stated mission is to fight poverty and promote economic development.
www.signonsandiego.com /news/nation/20051011-0622-japan-wolfowitz.html   (477 words)

The Bank's leadership remained an ardent supporter of export-oriented oil extraction while, at the same time, it claimed leadership in the global climate debate.
The Bank is attempting, outside the globally negotiated Climate Convention, to dominate policy through a new, independent, investment framework.
Learn how the World Bank deceptively boasts about its renewable energy and carbon finance programs, and masks the climate impacts of its conventional projects.
www.seen.org   (575 words)

 World Bank Publications
The stories follow the adventures of 15-year-old Rei who discovers that the only way to become a true warrior is to understand the challenges facing the poor and disadvantaged people he befriends along the way.
Understanding Civil War builds upon the World Bank's prior research on conflict and violence, particularly on the work of Paul Collier and Anke Hoeffler, whose model of civil war onset has sparked much discussion on the relationship between conflict and development in what came to be known as the "greed" versus "grievance" debate.
A general, accessible introduction to the World Bank for young people, this guide provides an overview of the Bank’s history, organization, mission, and purpose.
publications.worldbank.org   (432 words)

 The IMF-World Bank "Economic Medicine"   (Site not responding. Last check: 2007-10-22)
Since the early 1980s, the "macro-economic stabilization" and "structural adjustment" programs imposed by the IMF and the World Bank on developing countries (as a condition for the renegotiations of their external debt) have led to the impoverishment of hundreds of millions of people.
While the World Bank's mandate consists in "combating poverty" and protecting the environment, its support to large scale hydroelectric and agro-industrial projects has also speeded up the process of deforestation and the destruction of the natural environment, leading to the forced displacement and eviction of several million people.
Similarly, Third World intellectuals are increasingly enlisted in support of the neo-liberal paradigm, the internationalization of economic "science" unreservedly supports the process of global economic restructuring.
www.tenc.net /articles/chuss/imfworld.htm   (2798 words)

 Global Exchange : Introduction
Created after World War II to help avoid Great Depression-like economic disasters, the World Bank and the IMF are the world's largest public lenders, with the Bank managing a total portfolio of $200 billion and the Fund supplying member governments with money to overcome short-term credit crunches.
Recent protests against the IMF and the World Bank have shined a harsh spotlight on the way the institutions put the interests of wealthy corporations in the developed world above the interests of the planet's poor majority.
For decades people in the Third World have protested the way the IMF and World Bank undemocratically impose such policies on their countries.
www.globalexchange.org /campaigns/wbimf   (491 words)

 Argentina defaults on loan to World Bank
The World Bank responded with a notice that it would halt any new loans and stop payments on $2 billion in old ones by next month unless Argentina made good on its debt payments.
In announcing that Argentina would pay only about $80 million in interest on the debt, Duhalde and his ministers pointedly claimed that the default on the World Bank payment was necessary to comply with conditions recommended by the IMF.
In reality, the Peronist president is attempting to corral his political opponents into backing his government’s negotiations with the IMF and accepting the new austerity conditions, or take responsibility for scuttling the debt renegotiation talks.
www.wsws.org /articles/2002/nov2002/arg-n16.shtml   (911 words)

 World Tables - Dataset Description Guide
World Tables, published annually, provides the most detailed collection of economic data and socioeconomic indicators published by the World Bank.
The World Tables disseminates, with little delay, country estimates used by the Bank in analysis of economic and social trends in developing countries, which emphasizes Bank borrowers.
The World Bank is responsible for archival of the World Tables dataset.
www.ciesin.org /IC/wbank/wtables.html   (360 words)

 Carbon Finance at the World Bank
The World Bank's carbon finance initiatives are part of the larger global effort to combat climate change, and go hand in hand with the Bank's mission to reduce poverty and improve living standards in the developing world.
The threat climate change poses to long-term development and the ability of the poor to escape from poverty is of particular concern to the World Bank.
The Bank is therefore making every effort to ensure that developing countries and economies in transition can benefit from international efforts to address climate change, including the emerging carbon market for greenhouse gas emission reductions.
carbonfinance.org   (896 words)

 Extractive Industries Review   (Site not responding. Last check: 2007-10-22)
The Extractive Industries Review was launched by the World Bank Group to discuss its future role in the extractive industries with concerned stakeholders.
The aim of this independent review was to produce a set of recommendations that will guide involvement of the World Bank Group in the oil, gas and mining sectors.
The discussion was within the context of the World Bank Group's overall mission of poverty reduction and the promotion of sustainable development
www.eireview.org   (151 words)

 B92 >> News
The report states that in order for reliability and precision in these financial reports to become a reality, company directors must be responsible for making sure that the reports are correct and that they must rely on the Chamber of Audits to monitor the work of auditors.
Serbia does not have enough quality accountants and auditors, and training and education for these professions must be of a higher quality, according to the World Bank’s report.
The deputy governor of the Serbian National Bank, Dejan Simic, said that a banking legislation which will address these issues is currently being prepared.
www.b92.net /english/news/index.php?nav_id=33069&style=headlines   (295 words)

 Oxford Journals | Social Sciences | World Bank Research Observer
The World Bank Research Observer seeks to inform nonspecialist readers about research being undertaken within the Bank and outside the Bank in areas of economics relevant for development policy.
Requiring only a minimal background in economic analysis, its surveys and overviews of key issues in development economics research are intended for policymakers, project officers, journalists keeping up to date, and teachers and students of development economics and related disciplines.
Papers for the Observer are not sent out to referees, but all articles published are assessed and approved by the Editorial Board, which includes three to four distinguished economists from outside the Bank.
wbro.oxfordjournals.org   (118 words)

 Bretton Woods Project - home
The World Bank, the apartheid wall and the ghettoisation of Palestine
Discusses the current role of the World Bank in Palestine Read article...
World Bank welcomes UK contribution to the Africa Catalytic Fund 4 October
www.brettonwoodsproject.org   (292 words)

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