Vol 55 No 21 | WORLD BANKINTERNATIONAL MONETARY FUND Africa’s growth plans face stronger headwinds 24th October 2014 In a much harsher international climate, Africa’s economic managers are promoting regional trade and boosting investment in power and transport Bankers hosting parties for their government friends were a little more discreet than usual – perhaps in deference to rising political and economic uncertainties – at t...
Vol 54 No 21 | WORLD BANKINTERNATIONAL MONETARY FUND Physician heal thyself 17th October 2013 As they lose their primacy in development and finance, the Bank and Fund are searching for new roles – such as fighting inequality and climate change Reform and reorganisation are under way at the World Bank and International Monetary Fund as developing countries demand better policies to promote growth and a bigger stake &ndash...
Vol 53 No 21 | WORLD BANKINTERNATIONAL MONETARY FUND Bankers of the world unite 19th October 2012 Africa cannot avoid current global financial uncertainties but its higher growth is bringing in bankers bearing cheaper loans and Asian investors Frustration and disarray among policy-makers on the Eurozone recession and fears of a slowdown in Asian growth dominated the Annual Meetings of the International Monetary Fund and ...
Vol 53 No 21 | WORLD BANK Changing tribal customs on J Street 19th October 2012 An anthropoligist and medical doctor, the new World Bank President Jim Yong Kim is putting his training to pratical use: ‘There is a piece of paper up on the wall of my Managing Di...
Vol 53 No 9 | WORLD BANKINTERNATIONAL MONETARY FUND Africa's run at the Bank 27th April 2012 Incoming President of the World Bank Jim Yong Kim has two bulky Africa dossiers in his in-tray after seeing off – thanks to solid backing from the United States and Europe – his Ni...
Vol 51 No 21 | WORLD BANKINTERNATIONAL MONETARY FUNDAFRICA As power shifts eastwards, Africa boosts its stake 22nd October 2010 The new seat for Africa on the World Bank's board is a step forward - gaining more clout at the IMF is the next challenge Africa has won its first big victory in the ongoing reform of the international financial institutions in Washington by securing a third seat on the Executive Board of the World Ba...
Vol 51 No 21 | WORLD BANKINTERNATIONAL MONETARY FUNDAFRICA Caught in the currency battles 22nd October 2010 The main protagonists in the current currency skirmishes are the United States and China but developing economies are caught in the crossfire as governments talk of competitive dev...
Vol 51 No 10 | SUDANWORLD BANK Books not bribes 14th May 2010 The World Bank is looking for new printers following its decision to bar publishers Macmillan from all Bank contracts for six years. This follows the admission by a Macmillan subsi...
Vol 50 No 21 | WORLD BANKINTERNATIONAL MONETARY FUNDAFRICA A year after the crash 23rd October 2009 Facing stubbornly high food prices, rising joblessness and investment cutbacks, Africa is lagging behind the economic recovery in Asia A faint self-congratulatory whiff of a 'great depression averted' wafted through the annual meetings of the International Monetary Fund and World Bank in Istanbul, Turkey, on 4-5 O...
Vol 50 No 21 | WORLD BANKINTERNATIONAL MONETARY FUND The great World Bank capital chase 23rd October 2009 This year, the World Bank group lent a record US$59 billion, a 54% increase over last year. In Africa, the Bank increased its new commitments by 45% over 2008, although in Latin Am...