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Doha Dealbreaker - WSJ.com
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Policy support instrument: Helping hand or more thumb screws? (Bretton Woods Project)
In October, the IMF board approved the establishment of a Policy Support Instrument (PSI), a non-lending programme which will provide policy advice to poor countries and send a signal to donors and markets about the quality of a country's economic policies. Critics suspect the instrument is little more than a new way "to extend Fund domination".
in list: IMF policy approaches
more fromwww.brettonwoodsproject.org
allAfrica.com: Nigeria: FG Dumps IMF's Policy Support Instrument (Page 1 of 1)
more fromallafrica.com
BIC's new handbook for advocacy on extractive industry revenues | Bank Information Center: Monitoring the projects and policies of the World Bank, IMF and other international financial institutions
The Handbook is intended as a tool for civil society organizations, journalists and other members of the public interested in learning more about transparency and fiscal management in the natural resource sectors. It distills and builds upon information contained in the IMF’s document, with a focus on areas especially pertinent for civil society groups seeking to better understand how extractive industry (EI) sectors are managed. The Handbook aims to help civil society groups hold governments and private companies accountable for the exploitation of natural resources in their country.[2]
In producing this Handbook, BIC is not endorsing the extractive industries or asserting that improved transparency, alone, would address the myriad social, environmental and economic impacts associated with natural resource exploitation. Rather, this document aims to provide citizens in resource-rich countries with one more tool to strengthen their efforts to hold industry actors and governments accountable.
more fromwww.bicusa.org
Weapons of mass financial destruction, by Gabriel Kolko
Last month a major US hedge fund, Amaranth Advisors, lost more than half its assets in a week, speculating on natural gas prices. The company proved correct the chief worry of such major financial institutions as the World Bank and the International Monetary Fund: that financial reality is now out of control.
more frommondediplo.com
Paper: Comment on IMF and World Bank Structural Adjustment Programs and Poverty by William Easterly
more fromwww.iie.com
Center for Global Development : A Funny YouTube Video about Foreign Assistance?
The U.S. Foreign Assistance Act -- a cornerstone of America’s support for global development -- is so badly out of date and needs the next American president to help bring it into the 21st century. That's the message of a new YouTube video launched this week by the Center for Global Development. “The situation would be funny if it weren't so pathetic,” said CGD director of communications and policy Lawrence MacDonald. “
more fromwww.cgdev.org
MIGA—Multilateral Investment Guarantee Agency (Bretton Woods Project)
Created in 1988 MIGA aims to encourage foreign direct investment by providing guarantees, known as political risk insurance, to foreign investors against loss caused by non-commercial risks in developing countries. MIGA, which is part of the World Bank Group, also provides technical assistance such as capacity building and advisory services to help countries attract foreign investment.
in list: business and development
more fromwww.brettonwoodsproject.org
As Global Wealth Spreads, the IMF Recedes
Ghana had joined a long list of developing countries in Africa and beyond enjoying record periods of growth, with the robust economy leaving it no longer in need of more IMF cash.
more fromwww.washingtonpost.com
Ferreira - The Role of Conditional Cash Transfers ... Equitable Development
more fromsiteresources.worldbank.org
The Equator Principles
A benchmark for the financial industry to manage social and environmental issues in project financing
more fromwww.equator-principles.com
Training for nothing? (Bretton Woods Project)
An evaluation of the World Bank’s training for capacity building reveals serious flaws...that undermine country ownership; the same criticism is being levelled at the IMF over...plans to charge for technical assistance [Independent Evaluation Group (IEG
more frombrettonwoodsproject.org
Globalisation and war - Transnational Institute
Corporate-led, finance-driven globalisation has...transferred wealth from labour to capital. This has resulted in inequality and exclusion...which, combined with the pressure on water and other environmental resources, is likely to fuel new conflicts.
more fromwww.tni.org
Naomi Klein: shock doctrines
more fromwww.zmag.org
Oil, Gas, Mining & Chemicals - World Bank
The Oil, Gas, Mining, and Chemicals Department combines the public sector policy strengths of the International Bank for Reconstruction and Development and the transaction expertise of the International Finance Corporation.
more fromweb.worldbank.org
What Microloans Miss: Financial Page: The New Yorker
The cult of the entrepreneur that the microfinance boom has helped foster is understandably appealing. But thinking that everyone is, and should be, an entrepreneur leads us to underrate the virtues of larger businesses and of[the income in]a steady job.
more fromwww.newyorker.com
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