Bretton Woods Project

ActionAid

To promote reform of multilateral development bank policies.

The Bretton Woods Project was established in 1995 by a network of non-governmental organizations (NGOs) called the Development Environment Group. The project works with NGOs, researchers and officials to scrutinize and challenge the activities of the World Bank and International Monetary Fund (IMF). These international financial institutions play influential roles as funders, guarantors and enforcers of development policies and projects, and in producing research that influences many peoples' perceptions of development and environment issues.//Multiyear funding will support project objectives that include monitoring and attempting to influence the implementation of the World Bank's comprehensive development framework and the development of IMF's new poverty reduction strategy papers; participating as an external stakeholder in the development of the World Bank's sustainable development strategy; analyzing World Bank and IMF staff incentives and economic operations models; promoting fundamental reform of IMF policies; organizing a briefing on the environmental and social implications of the World Bank's private-sector infrastructure strategy; and supporting key international financial institution reform NGOs around the world.//During the past two years, activities included working to catalyze discussions among NGOs, academics and officials on the policy and institutional implications of the 1997-98 financial crises; taking an active role in critiquing the selection process for the new head of IMF; and working on a range of World Bank issues, including its overarching development paradigm and official reports on world globalization and poverty.

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