The World Bank has appointed 16 senior staff members to lead the global practices created as part of the Bank's restructuring process.
Former Portuguese finance minister, dubbed "fourth member of the Troika" appointed to head IMF fiscal affairs department.
Lagarde discusses income inequality in UK speech and cites Oxfam paper that criticises IMF, but ignores recommendations to reduce income inequality.
The new World Bank Group strategy moves into the implementation stage with changes to country planning and internal structure, but critics say that little will change.
The Bretton Woods Project awards the most comical use of words by members of staff at the World Bank and IMF in 2013.
The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2013.
A new World Bank Group strategy will be signed off at the 2013 annual meetings. It prioritises greater use of the private sector and “transformational engagements”, but criticisms continue over the Bank’s desire to tell countries what to do.
Drawing on case studies, reports and evaluations, Bruce Rich paints a picture of a Bank still inflicting suffering on vulnerable populations, and calls on Bank president Jim Yong Kim to show real leadership so that the Bank can learn from experience rather than flee from it.