World Bank

Oxfam spokesperson Carlos Zarco said:

Oxfam today calls for greater scrutiny and control of the funding for development channeled through financial intermediaries such as private equity funds, banks and credit agencies.

International agency Oxfam welcomed the selection of Jim Yong Kim as World Bank president, but said the sham appointment process had damaged the institution.

With interviews to select a new president of the World Bank starting soon [April 9-11], a global coalition of campaigners have called on the World Bank's executive directors to ensure that

Oxfam's Elizabeth Stuart said:

It's good to see genuine debate about getting credible, legitimate leadership at the World Bank. This is a field of eminently qualified candidates. 

Reacting to the announcement that World Bank President Robert Zoellick will step down at the end of his term on June 30th, a global coalition of campaigners has called for an open and merit-based process to elect the next World Bank leader, and for developing countries to determine the selection.

EU Finance Ministers today adopted a report on Europe’s progress towards its share of the $30 billion promised by rich countries at the 2009 Copenhagen climate summit to help poor countries

Oxfam welcomes the World Bank’s call that UK-based New Forests Company (NFC) must open up to a full investigation into claims of bad practice in its Uganda forestry projects.

Oxfam spokesperson Caroline Pearce said:

On economic growth:

Oxfam spokesperson Caroline Peace said:

World Development Report:

“Women do most of the world’s work but have a minority of the world’s jobs.