Maju Varghese, Author at Centre for Financial Accountability

Snippets from the World of International Financial Institutions – June, 2019

This monthly column tracking developments in the world of the international finance looks into the review of Equator Pri...

Blog International Finance

Article

Snippets from the World of International Financial Institutions – May, 2019

IMF loans a continuous saga of conditionality. The latest in the countries that have received the International Monetary...

Article

Snippets from the World of International Financial Institutions – April, 2019

The New World Bank President The annual Spring Meetings of the Boards of Governors of the World Bank Group (WBG) and the...

Blog International Finance International Finance Institutions

Article

Nothing ‘GREAT’ about AIIB’s Sustainable Cities Strategy

The AIIBs vision must comprise multi-dimensional aspects, including social infrastructure like health and education. It ...

Blog Infrastructure Finance

Article

Booklet: The Trap of Doing Business Rankings

The Doing Business Report and the Ease of Doing Business Index is one of the flagship reports of the World Bank Group, a...

Finance International Finance International Finance Corporation International Finance Institutions Publications World Bank

Article

Sacrificing Labour Rights at the Altar of Ease of Doing Business

The call for reforms in the labour laws in the country became strong with the liberalisation of the economy in the 90’s....

Blog International Finance International Finance Institutions NPAs World Bank

Article

The Murky Business of Ease of Doing Business Ranking

In a major revelation, Paul Romer, the chief economist of World Bank apologized to Chile for changes to the Ease of Doin...

Blog International Finance World Bank

Article

Ease of doing business or Ease of diluting labour safety?

On November 1st, 2017 India witnessed one of the largest boiler accidents in recent times. An NTPC plant originally supp...

Blog International Finance International Finance Corporation World Bank

Article

Is IFI influence on economy back with a vengeance?

There was jubilation in the government as the Ease of Doing Business ranked India in the 100th spot, 30 points ahead fro...

Blog International Finance World Bank

Article

India paid over 600 crores between 2009-2015 to the IFIs for not using their loans

Every year, India pays an enormous amount of money as commitment charges to the multilateral institutions for not utilis...

Blog Finance Indian Economy International Finance Institutions

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June 29, 2019

Maju Varghese

Snippets from the World of International Financial Institutions – June, 2019

This monthly column tracking developments in the world of the international finance looks into the review of Equator Principles, ITUC’s critique on IMF Framework on Social Spending, and World Bank’s report on the Global Economic Protects. Equator Principles being reviewed! Equator Principles, a set ...

Blog International Finance

Article

May 31, 2019

Maju Varghese

Snippets from the World of International Financial Institutions – May, 2019

IMF loans a continuous saga of conditionality. The latest in the countries that have received the International Monetary Fund (IMF) loans after Greece and Turkey is Pakistan. This is Pakistan’s thirteenth loan from IMF in the past three decades. IMF has committed to a loan of USD 6 billion disbursed...

Blog International Finance International Finance Institutions

Article

April 29, 2019

Maju Varghese

Snippets from the World of International Financial Institutions – April, 2019

The New World Bank President The annual Spring Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) was held in Washington DC this year with David Malpass taking over as the new president of the World Bank President after Jim Yong Kim prematurel...

Blog International Finance International Finance Institutions

Article

May 21, 2019

Maju Varghese

Nothing ‘GREAT’ about AIIB’s Sustainable Cities Strategy

The AIIBs vision must comprise multi-dimensional aspects, including social infrastructure like health and education. It should focus on people, their involvement and fundamental rights in the city. The Asian Infrastructure Investment Bank (AIIB) has come out with a draft for ‘Sustainable Cities Stra...

Blog Infrastructure Finance

Article

February 23, 2026

Maju Varghese

Booklet: The Trap of Doing Business Rankings

The Doing Business Report and the Ease of Doing Business Index is one of the flagship reports of the World Bank Group, a co-publication of World Bank and International Finance Corporation – the private arm of the World Bank Group. The report gets massive media attention and influences governments a...

Finance International Finance International Finance Corporation International Finance Institutions Publications World Bank

Article

March 8, 2018

Maju Varghese

Sacrificing Labour Rights at the Altar of Ease of Doing Business

The call for reforms in the labour laws in the country became strong with the liberalisation of the economy in the 90’s. The Second National Commission on labour was set up in 1999 which recommended among many other things consolidation of various laws on labour. India strict labour laws and regu...

Blog International Finance International Finance Institutions NPAs World Bank

Article

January 19, 2018

Maju Varghese

The Murky Business of Ease of Doing Business Ranking

In a major revelation, Paul Romer, the chief economist of World Bank apologized to Chile for changes to the Ease of Doing reports methodology which conveyed the wrong impression of the business environment under the socialist regime of President Michelle Bachelet. Chile’s overall ranking fluctuated ...

Blog International Finance World Bank

Article

August 12, 2019

Maju Varghese

Ease of doing business or Ease of diluting labour safety?

On November 1st, 2017 India witnessed one of the largest boiler accidents in recent times. An NTPC plant originally supported by Asian Development Bank met with an accident in their newly built unit. As per reports, about 42 people died in the accident but workers believed there would be more. About...

Blog International Finance International Finance Corporation World Bank

Article

January 22, 2018

Maju Varghese

Is IFI influence on economy back with a vengeance?

There was jubilation in the government as the Ease of Doing Business ranked India in the 100th spot, 30 points ahead from last year which is supposed to be the biggest jump by any country in the history of doing business report. Mr Narendra Modi, Prime Minister of India welcomed the jump and gave th...

Blog International Finance World Bank

Article

February 7, 2020

Maju Varghese

India paid over 600 crores between 2009-2015 to the IFIs for not using their loans

Every year, India pays an enormous amount of money as commitment charges to the multilateral institutions for not utilising the loans sanctioned by them. Investopedia defines commitment charges as the fee charged by the lender to a borrower for an unused or un-disbursed loan since it has set aside t...

Blog Finance Indian Economy International Finance Institutions

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Our Money | Our Rights | Our Voice

Maju Varghese

Snippets from the World of International Financial Institutions – June, 2019

Snippets from the World of International Financial Institutions – May, 2019

Snippets from the World of International Financial Institutions – April, 2019

Nothing ‘GREAT’ about AIIB’s Sustainable Cities Strategy

Booklet: The Trap of Doing Business Rankings

Sacrificing Labour Rights at the Altar of Ease of Doing Business

The Murky Business of Ease of Doing Business Ranking

Ease of doing business or Ease of diluting labour safety?

Is IFI influence on economy back with a vengeance?

India paid over 600 crores between 2009-2015 to the IFIs for not using their loans

Snippets from the World of International Financial Institutions – June, 2019

Snippets from the World of International Financial Institutions – May, 2019

Snippets from the World of International Financial Institutions – April, 2019

Nothing ‘GREAT’ about AIIB’s Sustainable Cities Strategy

Booklet: The Trap of Doing Business Rankings

Sacrificing Labour Rights at the Altar of Ease of Doing Business

The Murky Business of Ease of Doing Business Ranking

Ease of doing business or Ease of diluting labour safety?

Is IFI influence on economy back with a vengeance?

India paid over 600 crores between 2009-2015 to the IFIs for not using their loans

CFA