March 4, 2009

Governance of the Bretton Woods Sisters: Making Progress on the Agenda*

Posted by Edwin Truman in Governance of the Bretton Woods Sisters: Making Progress on the Agenda Tags: Articles of Agreement, Climate Change, EU Trade, Executive Board Representation, Global Economy, IMF, IMFC, NGOs, Quota Formula, Reform Management, Special Majorities, World Bank

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The International Monetary Fund (IMF) and the World Bank are intergovernmental institutions. They are political in every sense of that word, from their structure to their culture. They are owned and directed by their member governments. Governments are political by construction. Consequently, we in the private sector—in think tanks, in non-governmental organizations, or as private citizens—often are frustrated because these institutions are, and should be, principally responsible to governments and only through them to us, the interested and concerned general public, even in cases where the responsiveness of member governments leaves a great deal to be desired. Read More…

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• Welcome to CGD’s
  Bretton Woods Non-Commission!
  Change is in the air for the governance of the World Bank and IMF. But will it enable these institutions to provide the global public goods that the world so urgently needs? CGD president Nancy Birdsall invited experts on global governance to offer their suggestions. Learn More »

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• Monthly Archives

  Select Month December 2009  (1) May 2009  (1) April 2009  (1) March 2009  (7) February 2009  (1) January 2009  (1)

• Non-Commission Members

  Nancy Birdsall
  Center for Global Development

  
  

  Colin I. Bradford
  Brookings Institution

  
  

  Kemal Dervis
  United Nations Development Programme

  
  

  Jo Marie Griesgraber
  New Rules for Global Finance Coalition

  
  

  Homi Kharas
  Wolfensohn Center for Development, Brookings Institution

  
  

  Johannes Linn
  Wolfensohn Center for Development

  
  

  Domenico Lombardi
  Brookings Institution

  
  

  Vijaya Ramachandran
  Center for Global Development

  
  

  Richard Samans
  Center for American Progress, World Economic Forum

  
  

  Edwin Truman
  Peterson Institute for International Economics

  
  

  Ngaire Woods
  University College, Oxford

• Tag Cloud

  Articles of Agreement British Treasury Camille Gutt Climate Change credit Domenico Lombardi Dominique Strauss-Kahn Double Majority Voting Edwin Truman Ernesto Zedillo EU Trade Executive Board Representation financial crisis G-20 Global Economy good governance Governance Reform Grand Bargain Harry White IFI IFI reform IMF IMFC lending Lord Keynes Ngaire Woods NGOs Obama administration Open letter Pierre Mendes-France Quota Formula Reform Management Richard Bryant Special Majorities Trevor Manuel U.S. Treasury Vijaya Ramachandran World Bank