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Interrogating the World Bank and IMF at 80: Development or hypocrisy?

On their 80th birthday, the colonial legacies of the World Bank (collectively for the IBRD – International Bank for Rec...

Article

Indian Civil Society Demands a new democratic financial system on World Bank/IMF’s 80th Anniversary

The Bretton Woods institutions – the World Bank and International Monetary Fund (IMF)- have completed 80 years of existe...

Coverage General International Finance Statements World Bank

Article

Indian Civil Society Groups Demand Shutdown of World Bank and IMF on Their 80th Anniversary

Press Release 23.10.2024 | New Delhi: Close to 200 individuals and civil society groups, representing a wide range of so...

Press Releases

Article

World Bank @ 80: Radical Restructuring, Not Reforms

The 80th anniversary of the World Bank is a good time to bury the arguments in favor of reforming the institution and st...

Coverage General International Finance World Bank

Article

Interrogating the World Bank @ 80 | Essay Competition

The Centre for Financial Accountability, a New Delhi-based organisation working to strengthen and improve financial acco...

General International Finance World Bank

Article

India & Global Finance 2023-24: Strategies, Challenges, and Opportunities in a Shifting Geopolitical Landscape

International finance and geopolitics are quite dynamic and will tend to alter each day. We must have a clear view of ou...

General International Finance

Article

By financing environmentally damaging projects, can Indian funders be held liable?

Banks and financial institutions in India have no internal mechanisms to address the broader costs of investing in risky...

Coverage General Indian Economy

Article

The World Bank, the Inspection Panel & Immunity

The establishment of the Inspection Panel marked a significant development, driven by the pressure exerted by peopleR...

Coverage General International Finance World Bank

Article

Demanding Accountability: Joint Statement in Response to Reports of a Child Sexual Abuse Cover Up at the World Bank

October 19, 2023 The undersigned organizations are gravely concerned about the recent media report of child sex...

International Finance International Finance Corporation Statements World Bank

Article

B Ready: Brace for impact

Introduction India has been the poster boy of the World Bank’s Ease of Doing Business, as it leapt in the ranking ...

General International Finance World Bank

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December 2, 2024

Mehul Singh

Interrogating the World Bank and IMF at 80: Development or hypocrisy?

On their 80th birthday, the colonial legacies of the World Bank (collectively for the IBRD – International Bank for Reconstruction and Development and the IDA – International Development Association) and the International Monetary Fund (IMF) have sparked calls for reforms, radical reconstruction an...

Blog General International Finance World Bank

Article

November 2, 2024

CFA Admin

Indian Civil Society Demands a new democratic financial system on World Bank/IMF’s 80th Anniversary

The Bretton Woods institutions – the World Bank and International Monetary Fund (IMF)- have completed 80 years of existence and operations. As people of the global south, who continue to bear the brunt of the impacts of colonial expansion, resource extraction, wealth concentration, climate change a...

Coverage General International Finance Statements World Bank

Article

November 2, 2024

CFA Admin

Indian Civil Society Groups Demand Shutdown of World Bank and IMF on Their 80th Anniversary

Press Release 23.10.2024 | New Delhi: Close to 200 individuals and civil society groups, representing a wide range of social movements, campaigns, and grassroots organisations and campaigns in a statement have called for the creation of a new democratic and decentralised financial system that priori...

Press Releases

Article

October 15, 2024

Joe Athialy

World Bank @ 80: Radical Restructuring, Not Reforms

The 80th anniversary of the World Bank is a good time to bury the arguments in favor of reforming the institution and strengthen the demand for radical restructuring. The past eight decades did not witness any major reforms it undertook towards making it a more democratic institution. At best, it co...

Coverage General International Finance World Bank

Article

October 10, 2024

CFA Admin

Interrogating the World Bank @ 80 | Essay Competition

The Centre for Financial Accountability, a New Delhi-based organisation working to strengthen and improve financial accountability within India, invites students and researchers to participate in an essay competition on the topic of Interrogating the World Bank @ 80. About the Essay Competition: I...

General International Finance World Bank

Article

June 11, 2024

Haripriya B Harshan

India & Global Finance 2023-24: Strategies, Challenges, and Opportunities in a Shifting Geopolitical Landscape

International finance and geopolitics are quite dynamic and will tend to alter each day. We must have a clear view of our nation and where it stands in this landscape. It is thus necessary that we do frequently look at this scape and the Centre for Financial Accountability is attempting to do so wit...

General International Finance

Article

April 8, 2024

Amitanshu Verma & Nancy Pathak

By financing environmentally damaging projects, can Indian funders be held liable?

Banks and financial institutions in India have no internal mechanisms to address the broader costs of investing in risky projects. Picture Credits: AFP via Scroll.in Early in February, hundreds of residents of Himachal’s Kullu district blocked highways to protest against the Luhri Hydro Electric pro...

Coverage General Indian Economy

Article

January 11, 2024

Joe Athialy

The World Bank, the Inspection Panel & Immunity

The establishment of the Inspection Panel marked a significant development, driven by the pressure exerted by people’s movements and civil society organizations (CSOs), during a period when the World Bank Group operated under the shield of absolute immunity. Representing a bold experiment in b...

Coverage General International Finance World Bank

Article

November 10, 2023

CFA Admin

Demanding Accountability: Joint Statement in Response to Reports of a Child Sexual Abuse Cover Up at the World Bank

October 19, 2023 The undersigned organizations are gravely concerned about the recent media report of child sexual abuse at Bridge International Academies in Kenya, and allegations that the World Bank’s International Finance Corporation (IFC) for years turned a blind eye to the abuse. ...

International Finance International Finance Corporation Statements World Bank

Article

October 23, 2023

Maju Varghese

B Ready: Brace for impact

Introduction India has been the poster boy of the World Bank’s Ease of Doing Business, as it leapt in the ranking by rapidly deregulating its economy. Environmental regulations were scaled back, and labour regulations diluted for achieving the leap of 79 positions in EoDB rankings between 2014...

General International Finance World Bank

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World bank

Interrogating the World Bank and IMF at 80: Development or hypocrisy?

Indian Civil Society Demands a new democratic financial system on World Bank/IMF’s 80th Anniversary

Indian Civil Society Groups Demand Shutdown of World Bank and IMF on Their 80th Anniversary

World Bank @ 80: Radical Restructuring, Not Reforms

Interrogating the World Bank @ 80 | Essay Competition

India & Global Finance 2023-24: Strategies, Challenges, and Opportunities in a Shifting Geopolitical Landscape

By financing environmentally damaging projects, can Indian funders be held liable?

The World Bank, the Inspection Panel & Immunity

Demanding Accountability: Joint Statement in Response to Reports of a Child Sexual Abuse Cover Up at the World Bank

B Ready: Brace for impact

Interrogating the World Bank and IMF at 80: Development or hypocrisy?

Indian Civil Society Demands a new democratic financial system on World Bank/IMF’s 80th Anniversary

Indian Civil Society Groups Demand Shutdown of World Bank and IMF on Their 80th Anniversary

World Bank @ 80: Radical Restructuring, Not Reforms

Interrogating the World Bank @ 80 | Essay Competition

India & Global Finance 2023-24: Strategies, Challenges, and Opportunities in a Shifting Geopolitical Landscape

By financing environmentally damaging projects, can Indian funders be held liable?

The World Bank, the Inspection Panel & Immunity

Demanding Accountability: Joint Statement in Response to Reports of a Child Sexual Abuse Cover Up at the World Bank

B Ready: Brace for impact