Multilateral Banks

A report from an unexpected quarter, the World Bank, has set forth a number of recommendations to mitigate the environmental impact of two paper pulp factories being built in Uruguay on a river that separates the country from Argentina.
This profile of Ireland is from CorpWatch's EuroZone Profiteers report - a study of the the role of six major banks in Greece, Ireland and Spain during the EuroZone crisis. Loans from these banks helped fuel the credit boom that left borrowing countries deep in debt.
WASHINGTON (April 18, 2002) -- As the World Bank/IMF Spring Meetings approach and protesters prepare demonstrations for April 20-21 in Washington, campaigners today announced growth of the World Bank Bonds Boycott campaign.
Security concerns have forced the World Bank and International Monetary Fund (IMF) to drastically scale back plans for their annual meetings here next month. The agencies say the meetings, usually held over the course of about a week, will take place on Sep. 29 and 30. Their executive boards are expected to formally approve the change Tuesday. The meetings had been scheduled for Sep. 28 through Oct. 4.
As the Congolese government begins a review of mining contracts, a mining kingpin is deported on unrelated corruption charges, and the World Bank faces accusations of failure to provide oversight of contract deals.
During the past few days a good deal of coverage has been focused on the Meltzer Commission Report on the International Financial Institutions, and what it might mean for the World Bank. Let me take this opportunity to lay out some real concerns that we at the bank have, and also to set the record straight.
If you ask a Mexican farmer, Indian civil servant, Filipina garment worker, Bolivian miner or South African student what structural adjustment is, chances are they would be able to explain IMF and World Bank mandated belt tightening because their lives have been touched by it.
Tanzania, a country twice the size of California, is located in East Africa, just south of Kenya. Last year I was there for 3 months researching the impact of World Bank and IMF economic policies on the country's small farmers who make up the overwhelming majority of the population. Recently, Tanzania overtook South Africa to become Africa's third biggest producer of tobacco, after Zimbabwe and Malawi.
Columnist Walden Bello met an old contact from the World Bank during the World Bank-IMF joint annual meetings in Prague, Czech Republic, on Sept. 26 to 28. The following is his account of the events that unfolded around him during that fateful conference. Antonio Andrade is not his real name.
WASHINGTON -- The White House and Congress are trumpeting their determination to bring economic opportunity to the people of Africa. But first, a few million sub-Saharan farmers will have to suffer.