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World Bank/IMF Spring Meetings - April, 2006

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The World Bank/IMF Spring Meetings take place on April 22 and 23 in Washington D.C. As in previous years, a program of Policy Dialogues for accredited CSOs is organized by WB's Civil Society Team in cooperation with other teams across the Bank and IMF. These dialogues will be held between Thursday, April 20 and Monday, April 24. Related Choike in-depth reports: External debt, International Monetary Fund, World Bank Versión en español IMF losing grip On developing countries A plan by the IMF to shift the relative voting power of some of its 184 member-nations will almost certainly be of no benefit to East African countries, which will remain heavily dependent on loans from the global financial institution. But some analysts say the IMF itself is becoming increasingly irrelevant to parts of the developing world. [see more] Latin American countries demand increased participation in the IMF During the Spring Meetings, Latin American countries expressed their concern with regards to the role played by the IMF in the economies of the region. They presented criticism, comments, suggestions and special situations before the International Monetary and Financial Committee through Argentine Economy Minister, Felisa Miceli. [see more] More power for the powerful? IMF wins mandate for "multilateral surveillance" The news that the IMF has been given the remit to extend its powers from its present bilateral surveillance of individual country economies to a ‘multilateral surveillance’ of the global economy as a whole, is unlikely to be welcomed by anyone hoping for progress towards more democratic and effective world governance. [see more]

News Reports Summaries of civil society policy dialogue program Weblog for the Spring Meetings, by Coordinadora Civil - Nicaragua (Spanish language) The IMF’s America problem Reforming the IMF—too late and too little Radical IMF reform is unlikely World Bank announces approval of Multilateral Debt Relief Initiative World Bank to develop anti-corruption framework Fund’s de Rato proposes streamlining steps. But where do they lead? International watchdogs work to improve World Bank accountability IMF/World Bank fail health inspection, slated for closure IMF, World Bank and critics gear up for meetings Weblog for the Spring Meetings 2006, on IFIwatchnet's website Special calendar feed for the Spring Meetings events, on IFIwatchnet's website Whatever is the IMF to do about the US?, by Joseph Stiglitz IMF losing grip On developing countries Latin American countries demand increased participation in the IMF More power for the powerful? IMF wins mandate for "multilateral surveillance" Low-down on WB/IMF Spring Meetings 2006 Statement by Felisa Miceli, Minister of Economy of Argentina at International Monetary and Financial Committee Meeting (pdf) WB/IMF in crisis, Spring Meeting wrap-up Reforming the IMF for Who? Briefing Policies and Priorities on Spring Meetings, by Action Aid Talking points on the World Bank’s 'Clean Energy and Development: Towards an Investment Framework' paper Proposed IMF reform must include Africa, say experts On corruption, reform, and aid: A response to the World Bank Highlights of the World Bank - IMF spring meetings 2006, by Bretton Woods Project Rich nations use IMF-World Bank meet to advance own agenda IMF reform divides players A medium-term strategy for the IMF: Meeting the challenge of globalization (IMF website) World Bank/IMF Spring Meetings must drive progress on debt and aid Did the G-8 Cancel the Debt? - Myths and realities about international debt after the G-8 deal (pdf format) World Bank finances corporate corruption

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