by Reality of Aid | Aug 3, 2020 | Development Cooperation, Events and Meetings, International Finance Institutions, News, ODA, RoA Asia Pacific
With the rising development aggression among rural communities, ballooning national debt of developing countries, and countless violations of peoples’ rights, it is imperative to review the frameworks of new, Southern-led international financial institutions (IFIs)...
by Reality of Aid | May 22, 2020 | International Finance Institutions
Rising to prominence in the wake of World War 2, international finance institutions (IFIs) were formed by multiple countries, purportedly for economic cooperation for postwar reconstruction as well as regulating postwar debt payments between countries. But they have...
by Reality of Aid | Apr 28, 2020 | CSO Partnership for Development Effectiveness, Development Cooperation, Development Finance, Highlights, International Finance Institutions, ODA, RoA Asia Pacific, Special Reports
The Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB) have touted themselves as the much-needed alternatives to the Western-dominated traditional International Finance Institutions (IFIs) like the World Bank Group (WBG) and International...
by Reality of Aid | Nov 23, 2019 | International Finance Institutions, News
ADB’s newly-published Strategy 2030 is just a continuation and rehash of the failed Strategy 2020 released in 2008. After a decade of implementation, ADB acknowledges that the long-standing and new challenges and problems in the region have remained unaddressed, and...
by Reality of Aid | Nov 23, 2019 | CSO Partnership for Development Effectiveness, Highlights, International Finance Institutions, News, Special Reports
Having mobilized immense resources for and intervened significantly in most aspects of its developing member countries’ (DMCs) economies and policies, the Asian Development Bank (ADB)has been purported to be the region’s leading development financial institution for...
by Reality of Aid | Oct 12, 2018 | International Finance Institutions, News, RoA Asia Pacific
The Reality of Aid – Asia Pacific expresses its grave disappointment over the Indonesian government’s repressive acts against the Peoples’ Global Conference Against IMF-WB (PGC). As a South-led network concerned with the proper use of development assistance and...
