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Tag: World Bank

 

Volvo Standards and Transformational Infrastructure: Lessons for the Old and New Development Banks.

At its founding, a primary function of World Bank was to help developing countries develop the energy, transport and water infrastructure essential for economic development. Half a century later, as the World Bank Country Director for Brazil I saw the products of this – the World Bank funded one major hydropower plant in each of the first ten years that the Bank operated in Brazil, thus helping Brazil build a low-cost energy platform for economic growth in Brazil for the next 50 years.

AIDS Donors and Patients Need the World Bank – but Only If It Is Hard to Provoke

Earlier this year, Uganda’s President signed into law an Anti-Homosexuality Act  that strengthens penalties against gay people and defines some homosexual acts as crimes punishable by life in prison.  If enforced to its full extent, the law is expected to endanger public health by handicapping HIV prevention and treatment efforts; already, the national police have raided and forced a US-supported HIV/AIDS treatment center to shut down. 

Missing in the Infrastructure Rush: Intact Ecosystems

This year, a common theme of those discussions was financing for infrastructure investment in developing countries.  I’m disappointed, but not surprised, that these conversations tend to focus exclusively on the need for new bricks-and-mortar infrastructure to meet needs for energy, water, or transport services, and seldom acknowledge the need to maintain the ecological infrastructure that already provides a large portion of those services for many of the world’s poor.

Unboiling the Frog: Can the World Bank Legally Adopt “Ending Extreme Poverty” as a Goal?

The World Bank loves to talk about the importance of “good governance” and “strong institutions” and “rule of law” as keys to development success.  Presumably that means that organizations are managed in accordance to their own legal procedures.  The International Bank for Reconstruction and Development (IBRD), the primus inter pares of the many units under the World Bank group umbrella (IDA, IFC, MIGA) has an agreed upon Articles of Agreement.  Article One is worth reproducing in its entirety: 

It’s Spring Meeting Time in Washington, and the World Bank’s Finances Have Never Looked Better. Time for a Bank Resource Review.

The World Bank’s governors will meet this weekend to check in on president Jim Kim’s ambitious reform agenda. Anticipating the weekend’s meetings, the bank has rolled out a series of measures through press releases and speeches over the past two weeks, including the announcement of new global practice leaders, a set of financing measures to boost the bank’s lending capacity, and a completed IDA-17 replenishment agreement.

Does Jim Kim Get Water?

Over the past week World Bank president Jim Kim’s mind seems to have been on water and development.  But what does he mean by “water” and how does this relate to the huge water-related development challenges faced by the World Bank’s borrowers?

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