European Network on Debt and Development

…This article was also published on the Vice Versa Magazine. A debate on the role of business in development cooperation last Thursday, 11 April in Amsterdam, raised one particularly revealing question for me: is it possible to reconcile two unrelated … →

…By Bodo Ellmers and Jeroen Kwakkenbos The Spring Meetings of the International Monetary Fund (IMF) and the World Bank just ended in Washington DC and brought little promise of sunny days ahead for development. The different Communiqués released during the … →

…As the UN’s high-level panel on the post 2015 development agenda prepares to meet in Bali, it is clear that no worthwhile development goals can be met without fundamental changes in the international financial and economic system. This includes exposing … →

…The International Finance Corporation (IFC) – the World Bank’s private sector lending arm – now accounts for more than one third of the World Bank’s work. It has investments of almost $20 billion a year – and about half of … →

…The success of emerging markets in sustaining investment during the crisis has triggered a new G20 workplan on long-term investment, but with the IFIs and the OECD at the helm, it’s uncertain whether this will mean any new thinking. This … →

…by Bodo Ellmers, The comprehensive review of the International Monetary Fund’s (IMF) quota formula failed to find consensus on a clear reform proposal. Controversies persist between the old rich and emerging economies on which factors should determine a country’s quota, … →

…Eurodad member Jubilee Debt Campaign has published a new report which examines the way that western-backed institutions, such as the World Bank, supported the government of Guatemala as it terrorised its own people in the late 1970s and early 1980s. … →

…A first reading of the press statements and overview paper from the IMF’s review of conditionality, completed in September 2012 might give the impression that the IMF has made a 180 degree turn in its conditionality policy, one of the … →

…IMF recognition that it has dramatically underestimated the impacts of austerity policies strengthened calls for reform of IMF conditionality, and the World Bank’s jobs report undermined its own Doing Business rankings, but the IMF/World Bank annual meetings ended this weekend … →

…By Jesse Griffiths Normally, I enjoy reading flagship annual reports from august international institutions; they can provide useful overviews and normally have one or two nuggets. The World Bank’s new Global Financial Development Report 2013, however, left me hoping they … →