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International Development

 

World Bank-Civil Society Initiative (WB-CSI)

January 13, 2005
Recent proposals put forth by the US Treasury Department and UK Chancellor Gordon Brown calling for "up to 100%" debt cancellation for poor nations represent a encouraging new development in discussions on debt sustainability.  However,  progress has not been immediate due to varied concerns about mechanisms to finance the debt cancellation. Our discussion will address the financing options: Should international financial institutions be asked to finance debt cancellation from their own resources? What are the resources available at the World Bank and the IMF? What is the role of the G-7 countries? What are other options? 

Panelists:
Bobby J. Pittman Jr., Deputy Assistant Secretary of the Treasury
Dr. Mark Weisbrot, Co-Director, Center for Economic and Policy Research
Dr. Geoffrey Lamb, Vice President, World Bank
Sony Kapoor, Senior Advisor, Jubilee Research UK & Jubilee USA Network



The IMF’s Independent Evaluation Office has recently published a study on fiscal adjustment in IMF-supported programs. The study takes up the question of whether the budget deficit (or surplus) targets recommended by the IMF follow a “one-size-fits-all: model. In particular, the study addresses the question of whether excessively cautious projections of foreign aid lead to unnecessary reductions in public spending. Critics have observed that such pessimistic projections effectively impose a budget “cap” that is unjustified in the face of foreign aid levels. Moreover, they further maintain that the priority should be placed on increasing ODA levels, rather than accepting “realistic” ODA projections and the belt-tightening this implies. On the other hand, observers assert that fiscal targets are sometimes based on overly optimistic economic growth assumptions. The study examines these and other concerns and makes specific recommendations on how to cope with problems in the future.

Panelists:
Marcelo Selowsky, Assistant Director, Independent Evaluation Office, IMF
Mauricio Díaz Burdett, Coordinator, FOSDEH (Social Forum on Development and
External Debt of Honduras)


May 7, 2004
The UN and World Bank/IMF April Meetings: What do These Conclaves Have to Do with My Programming??

With the end of several high-level dialogues among the World Bank, the UN, and the IMF, we examine how to make sense of these seemingly arcane policy debates and to connect them to active programming concerns at the local level. InterAction earnestly invites all to come and hear from and discuss these issues with NGO participants and observers of the above events.


April 14-26, 2004
World Bank/IMF Spring Meetings
While the official Spring Meetings are being held on April 24-25, a number of dialogues for interested civil society organizations are being organized around the Meetings. InterAction has requested a conversation with the World Bank on reaching the MDGs and the “managing for development results” mandate coming out of IDA-13. InterAction is also supporting a panel discussion on the “voice and vote” of developing countries on the boards of the IMF and the World Bank.


March 21 - 25, 2004
Civicus World Assembly

InterAction was represented at the 5th biennial Civicus World Assembly held in Gaborone, Botswana, entitled "Acting Together for a Just World". View more information on InterAction’s participation.


December 11, 2003
World Bank and Civil Society Discussion on Poverty Reduction Strategies and Governance


Presentation on good governance and PRSP, given by Ann Hudock of World Learning and Lawrence Egulu of ICFTU, with commentary by Katrina Sharkey of the World Bank.


December 1-3, 2003
Eurodad Annual Conference

InterAction staff participated in the Annual Conference of the European Network for Debt and Development (Eurodad), held in Prague, the Czech Republic. The conference was entitled, "IDEOLOGY and EVOLVING ACRONYMS: Progress or Doublespeak?"
View a full report of the conference proceedings

 
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