A May World Bank-led statistical operation has used a new method to estimate purchasing power parities, allowing it to more than halve the estimated number of people living on below $1.25 per day from 1.22 to 0.57 billion.
In response to the World Bank’s rejection of significant reform to its revised Doing Business Report (DBR) methodology, civil society organisations sent a July letter to Bank president Jim Yong Kim.
Luiz has joined the Project as Coordinator. Previously he served for eight years as the chief of mission for the International Organization for Migration (IOM) in Timor Leste.
Are you missing out?
The Bretton Woods Project also publishes:
Bretton Woods News lens: our weekly roundup of news and critical viewpoints on the Bank and IMF; and
Bretton Woods Observer: a quarterly critical review of developments at the World Bank and IMF; and
Alerts service: updating you about the latest articles, reports and new website content from the Bretton Woods Project.
The World Bank is increasingly highlighting barriers to women accessing economic and social rights. However, it has been accused by NGOs of neglecting gender equality in the new draft of its safeguards policy framework.
Some 9,000 evicted residents of a Lagos community denied justice by the World Bank’s Inspection Panel as Amnesty International says Bank is “complicit” in process.
Whilst the World Bank’s assessment gives the green light to the world’s tallest dam in Tajikistan, a Human Rights Watch report highlights severe damage to local communities.
An audit by the IFC’s accountability mechanism says the IFC failed to adequately address environmental and social risks when it approved a $70 million loan to Honduran bank Ficohsa.
The World Bank has released a first draft of its new safeguards framework for consultation, despite concerns from civil society organisations and indigenous peoples groups.
To manage your subscription preferences or to unsubscribe from future emails, click here
