World Bank, the IMF, and Human Rights, The (original) (raw)

1996, Transnat'l L. & Contemp. Probs.

Annex 2, Agenda item 91 (1960) [hereinafter U.N.-IDA Relationship Agreement]. 7. See infra Part II.C-D. for a more detailed discussion of the types of activities funded by the World Bank. 8. WORLD BANK, THE WORLD BANK OPERATIONAL MANUAL, Operational Directive 4.20: Indigenous Peoples (Sept. 1991) (discussing World Bank policy on indigenous people) [hereinafter OPERATIONAL MANUAL]. 9. OPERATIONAL MANUAL, supra note 8, Operational Directive 4.30: Involuntary Resettlement (June 1990) (stating that World Bank policy on involuntary resettlement is designed to ensure that those forced to relocate as a result of a Bank-funded project should still share the benefits of the project). But see WORLD BANK, RESETTLEMENT AND DEVELOPMENT: THE BANKWIDE REVIEW OF PROJECTS INVOLVING INVOLUNTARY RESETTLEMENT 1986-1993 (1994) (revealing Bank problems in implementing this policy). 10. Not all Member States are eligible to borrow from the World Bank. Those States that have a per capita income of less than US$5,295 (in 1995 dollars) can borrow from the IBRD and less than US$1,465 (in 1995 dollars) can borrow from IDA. In practice, however, only countries with annual per capita incomes of less than US$905 receive IDA credits. In this Article, Member States that are eligible for IBRD or IDA loans shall be referred to as "Borrower States" or "Member States." The focus of this section of the Article is on the operation of the IBRD and IDA in these States.

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The World Bank and Non-Governmental Organizations

The World Bank and Non-Governmental Organizations, 1995

All rights reserved. No repmduction, copy or transmission or this publication may be made without writtcn permission. No paragraph of this publication may be rcproduced, copied or trallsmitted savc with written pcllnission 01" in accOI"dance with the provisions of the Copyright, Designs amI Patcnts Act 198M, or under the terms of any licence pennitting limited cO\lying issued by the Copyright Liccnsing Agcncy, 90 Tottenham Court Road, London W I P 9HE. Any person who does any unauthOl"ised act in relatioll 10 Ihis publication may be liablc 10 criminal prosccution amI civil claims for damagcs.

Evaluation Report on Indegenous Population and the World Bank

I Im mp pl le em me en nt ta at ti io on n o of f O Op pe er ra at ti io on na al l D Di ir re ec ct ti iv ve e 4 4. .2 20 0 o on n I In nd di ig ge en no ou us s P Pe eo op pl le es s: : A An n I In nd de ep pe en nd de en nt t D De es sk k R Re ev vi ie ew w

International Development Association: A legal fiction designed to secure an LDC constituency

International Organization, 1975

The International Development Association (IDA), a subsidiary of the International Bank for Reconstruction and Development (IBRD) also known as the World Bank, is a legal device created by the IBRD to avert the displacement of its goals. IDA is a ficticious organization designed to restore equilibrium between the IBRD's "means" of borrowing increasingly larger amounts on private capital markets and its "ends" of increasing the volume of lending to Less Developed Country (LDC) clients. Without IDA's long-term interest-free source of loans, the World Bank would be prevented from operating in its 25 poorest client member countries because of their inability to repay large external debts in foreign exchange. The failure to finance IDA or its removal from IBRD control would also jeopardize the World Bank's long-term investment commitments in major development "markets" such as India, Pakistan, and Indonesia. In addition, IDA is a major source of environmental support for the World Bank, since IDA has been used to establish an LDC governmental constituency for use as leverage against industrial and other donor countries for interest-free contributions to the Bank. The loss of IDA, therefore, would constitute a major crisis for the IBRD, since it would be accompanied by a displacement of World Bank goals, clientele, and a key constituency.

International Bank for Reconstruction and Development International Development Association International Finance Corporation Multilateral Investment Guarantee Agency

1997

I would like to commend the ·staff for their excellent work in the preparation of this CAS. It addresses the main challenges that the Cambodian economy must face in the future: external debt, post-conflict reconstruction, economic reform, poverty alleviation and the environment. The Cambodian external debt remains one of the overriding problems of the economy. We encourage the rem.cUning creditor countries to reach a debt agreement that will help the country reach a path of economic growth. It will be important to achieve some progress on Cambodia's ruble debt to the Russian Federation and to provide Cambodia with an adequate treatment in the framework of the HIPC initiative. The post-conflict situation of this country requires special measures, as it was discussed during an informal meeting earlier this week. Financing infrastructure rehabilitation is important. Nevertheless, in order to ensure a lasting peace, troop demobilization, the creation of employment, etc. are also vit...

Cato Institute Policy Analysis No . 92 : The World Bank vs . the World ' s Poor September 28 , 1987

2010

The World Bank is seeking new U.S. funding this year, almost a billion dollars for the International Development Association, which provides zero-interest 50-year loans to the poorest, usually worst-managed countries. The bank also is expected to request a major increase in its capital next year, requiring another commitment of some $10 billion from American taxpayers, to allow it to greatly increase its lending to Third World governments.

The World Bank Group guarantee instruments 1990-2007 : an independent evaluation

2009

The World Bank Group consists of five institutions-the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), the International Development Association (IDA), the Multilateral Investment Guarantee Agency (MIGA), and the International Centre for the Settlement of Investment Disputes (ICSID). Its mission is to fight poverty for lasting results and to help people help themselves and their environ ment by providing resources, sharing knowledge, building capacity, and forging partnerships in the public and private sectors.

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World Bank

Handbook of International Organizations: Theories, Concepts, and Empirical Insights