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2006 Spring Meetings

2006 World Bank Group and International Monetary Fund Spring Meetings
Washington, DC, USA
April 20-24, 2006

The WBG and IMF Civil Society Teams are once again organizing a series of policy dialogue sessions which bring together Bank and Fund staff, CSO representatives, government officials, and others to discuss important issues being addressed during the 2006 Spring Meetings.   All accredited CSO representatives are welcome to attend the sessions which will be held at the Bank’s Main Complex Building during Thursday, April 20 - Monday, April 24, 2006.

NEW --- Please note that summaries of some of the sessions are now available on this website.  More summaries will be available soon.

General Information for CSOs participating in the Spring Meetings. (Final)

  Thursday  Friday  Saturday

Sunday

  Monday

FINAL VERSION

Wednesday, April 19

 9:00 am        

 IMF room B-702

                              

Press Briefing: World Economic Outlook (WEO)

A number of seats in the press room will be made available for CSOs on a first come first served basis.

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Thursday, April 20

 9:30 am

 IMF room B-702

Press Briefing: IMF Managing Director Rodrigo de Rato

A number of seats in the press room will be made available for CSOs on a first come first served basis.
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 9:30-10:00 am
                             room U12-400
 
                                  

Briefing Session on MIGA
Sponsor
:  MIGA
Speaker:  Ms. Yukiko Omura, CEO

Ms. Omura will meet with CSOs to discuss the implementation of
MIGA’s new safeguard and information disclosure guidelines.
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 11:00 am

 IMF room B-702

Press Briefing: World Bank Group President Paul Wolfowitz

A number of seats in the press room will be made available for CSOs on a first come first served basis.
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 11:00 am-12:30 pm

 room MC C1-100

 

 

 

 

 

 

 

The Impact of IMF Lending Policies on Long-term Debt Sustainability in Middle-Income Countries
Sponsors
: Friedrich Ebert Foundation (FES), New Rules for Global Finance Coalition
Speaker/Commentators: Frank Fernandez (Securities Industry Association); Jan Kregel (UN/ DESA); Brad Setser (Roubini Global Economics); Timothy Lane (IMF)
Chair:Frank Schroeder (FES/New York)

As a result of volatility in private capital inflows and interest rates, middle-income countries are faced with debt servicing problems. While the resources of the IMF are insufficient to meet a distressed borrower's full financing needs, some critics argue, that IMF conditionality and its emphasis on external finance in measuring debt sustainability may create the risk of a country being caught in an endless spiral of increased borrowing to service rising debt levels. An additional dimension to the approach of the IMF is not only how it affects the overall level of debt of developing countries, but also real economic performance and development objectives.

The session will be based on ongoing research for a new international debt framework with particular emphasis on the aspect of crisis prevention.
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 12:45-2:00 pm

 room MC C1-100

  New !!!
 Summary of
 the discussion

 

 

 

 

 

 

 

National Development Strategies and Millennium Development Goals
Sponsors
: Action Aid International, New Rules for Global Finance Coalition
Speakers/Commentators: Jan Kregel (DESA/U); Jorge Soeiro (Plan 2025 in Mozambique) [TBC]; Rick Rowden (Action Aid International); Vinay Bhargava, (World Bank)
Chair: Jo Marie Griesgraber (New Rules for Global Finance Coalition)

A light lunch will be served

One of the Four topics that the President of ECOSOC has proposed for the Spring Meeting between ECOSOC and the World Bank, IMF, WTO and UNCTAD, as part of the official follow up process to the International Conference on Financing for Development, is to examine the coherence between the National Development Strategies approved at the September 2005 World Summit and the country's ability to reach the Millennium Development Goals. 

The panelists will discuss what National Development Strategies are, how they differ from other comprehensive national level approaches (i.e. CAS, PRSP) to development, and how they are specifically designed to ensure the full implementation of the 8 Millennium Development Goals.

Summary of the discussion
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 2:00-4:00 pm

 room MC C1-100

 

 New !!!
 Summary of
 the discussion

 

 

 

 

 

 

Is the Doha Agenda Moving Away from Development?
Sponsors
:  International Working Group on Trade-Finance Linkages and Heinrich Boell Foundation
Speakers:  Chandra Patel (Southern and Eastern Africa Trade Information and Negotiations Initiative); Tom Palley (Economics for Democratic & Open Societies); Sandra Polaski (Carnegie Endowment for International Peace); Richard Newfarmer (World Bank); and Michael Hadjimichael (IMF)
Moderator: Liane Schalatek (Heinrich Boell Foundation)

The Doha Ministerial Declaration (2001) launched a round of negotiations that was going to place development at its center. Later on, government leaders meeting at the Monterrey Conference (2002) pledged the Round would address trade as an instrument to finance development. 
 
In this panel, civil society representatives will make an assessment of the export-led growth model underpinning the Round negotiations and the Bank and IMF advocacy and analysis on trade issues.  They will assess the challenges and limitations of the current negotiations to achieve such results through trying to respond to the following questions: Is there scope for the Doha negotiations to regain a development focus? How positive would the so-touted deals and tradeoffs being sought by April 30 be for development?

Summary of the discussion
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 3:00 pm

 room IMF B-702

Press Briefing: Global Monitoring Report - by World Bank Chief Economist Francois Bourguignon and Lead Author Mark Sundberg

A number of seats in the press room will be made available for CSOs on a first come first served basis.
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 4:15-5:45 pm 

 room MC C1-200

 

 

 

 

Implementing the new IFC social and environmental standards
Sponsor
: IFC
Speakers: Rachel Kyte, IFC Director of Environment and Social Development and her team.

The IFC adopted in February of this year new social and environmental standards which will apply to all of its investments as well as projects financed by the Equator Banks. The new standards are the result an extensive consultation process with stakeholders. The standards will come into force on 30th April and IFC is currently preparing for that new phase. Rachel Kyte and her team, will present IFC’s strategy for the standards’ implementation and will open discussion on the main challenges of carrying out the new standards to the field. 

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Friday, April 21

 8:30-9:30 am

 room MC C1-200

 

 

 

World Bank and IMF 2006 Annual Meetings in Singapore
Sponsors: WB and IMF Civil Society Teams
Speakers: Carolyn Reynolds (WB); Simonetta Nardin (IMF)

A light breakfast will be served

Carolyn and Simonetta will brief participants on the plans for the Fall Annual Meetings, and the planning process for CSO participation in the Meetings, including a recent meeting held with CSOs in Singapore.
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 9:30-10:45 am

 room MC C1-200

 New !!!
 Summary of
 the discussion

 

Development Policy Lending and Conditionality - What's The Progress
Sponsors
: Operations Policy and Country Services Department (OPCS) 
Speakers: Jim Adams (OPCS/World Bank); Lucy Hayes (Eurodad); Romilly Greenhill (Action Aid); Jan Walliser (OPCS/World Bank)
Chair: Frances Seymour (World Resources Institute)

The session will provide an opportunity to discuss Development Policy Lending and Conditionality.

Summary of the discussion
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 10:45 am-12:45 pm

 room MC C1-100

 New !!!
 Summary of
 the discussion

 

 

 

 

 

 

 

    

                               

A Human Development Approach to Debt Sustainability. An Assessment of the New Debt Sustainability Framework from the Perspective of Human Development
Sponsors
: EED, Afrodad, Latindad, CIDSE, Eurodad and Jubilee USA.
Speakers: Vitalis Mesha (AFRODAD); Aldo Caliari (Center of Concern); Peter Lanzet (EED); Damian Ondo Mañe (IMF Executive Director for Francophone Africa); Developed Country Executive Director [TBC]; Vikram Nehru (World Bank)
Chair: Gail Hurley (Eurodad)

The Debt Sustainability Framework adopted last year by the Bretton Woods Institutions represented the culmination of a process to replace the debt relief and debt management criteria established under the HIPC Initiative, and a review of the first year of implementation is scheduled for this Spring. 

The Framework and its review come in the context of the Bretton Woods Institutions endorsement of the MDGs, as well as the Monterrey Consensus commitment that debt sustainability assessments should take into account financing requirements to fulfill the MDGs.

This panel discussion will bring together civil society representatives, staff and Board members of the Bretton Woods Institutions to examine the following questions: Has the Debt Sustainability Framework been up to the task?; Does it address the flaws of the HIPC Initiative?; and Does it incorporate the call by civil society organizations to cancel the debt as an instrument to free resources to fulfill human development priorities?

Summary of the discussion
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 2:00-4:00 pm

 room MC C1-100

  New !!!
 Summary of
 the discussion

 

 

 

The World Bank's Governance Conditionality: Time for Reform
Sponsors
:  Afrodad, Eurodad, Christian Aid, CAFOD, CIDSE, and Trocaire
Speakers:  Angela Wood (Independent Consultant); Barbara Kalima Phiri (Southern African Regional Poverty Network - SARPN); and Sanjay Pradhan (World Bank)
Chair: Caoimhe De Barra (Trócaire)

The session will discuss the nature and impact of the Bank’s governance agenda, and propose new directions for WB governance conditionality, based on financial transparency for national-level accountability.  The findings of a recent study commissioned by Trocaire – “Demystifying ‘Good Governance’: An overview of World Bank Governance Reforms and Conditions” – will guide the discussion.

Summary of the discussion
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 4:00-5:30 pm

 room MC C1-200

 

The IMF's Medium Term Strategy
Sponsor: IMF
Speaker: Thomas Dawson, Director, External Relations Department
The IMF Managing Director has launched a review of the Fund's medium term strategy. Mr. Dawson will offer an update on the internal discussion and offer an overview of the proposals for the implementation of the strategy.
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 5:30-7:00 pm

 room MC C1-100

 

  New !!!
 Summary of
 the discussion

 

 

 

 

 

 

 

 

The Future of the World Bank in Middle-Income Countries: Eradicating Poverty. Tackling Maldistribution of Income and Assets
Sponsors
: Citizens' Network on Essential Services (CNES), Rede Brasil and New Rules for Global Finance Coalition
Speakers: Smithu Kothari (Intercultural Resources and Lokayan); Marcus Faro (Rede Brasil); Chris Wangkay (International NGO Forum on Indonesian Development - INFID); Laszlo Lovei (World Bank)
Chair: Nancy Alexander (Citizens Network on Essential Services)

Lending to middle-income countries has significantly declined and several countries are repaying their Bank loans ahead of schedule.  Some borrowers are apparently seeking to escape the conditionalities associated with Bank loans. Some observers see little, if any, role for the World Bank in financing middle income countries, while others believe that the Bank has a niche in addressing poverty and inequality in these countries.  The Bank's portfolio is increasingly focused on infrastructure (at the regional and subnational level) and social transfers. 

The World Bank speaker will address the nature and trajectory of World Bank infrastructure financing.  The NGO speakers, each from middle-income countries, will respond and highlight the record of the Bank in their countries and identify what kind of future the Bank may have in their countries.  The chair will briefly comment on the implications for democracy of World Bank lending at regional and subnational levels and make available publications on this and related topics.

Summary of the discussion

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Saturday, April 22

 9:00-10:30 am  

 room MC C1-100

 

 

 

 

 

 

 

                                       

Policy Issues in Scaling Up of Aid Flows / An overview of IMF
most recent papers

Sponsor: IMF
Speakers: Peter Heller and Gerd Schwartz, IMF Fiscal Affairs Department; Andy Berg, IMF Policy Development and Review Department; Sanjeev Gupta, IMF African Department

The international community has promised substantial increases in aid flows to low-income countries. This session will present the IMF's most recent policy work on the Fund's role in helping countries to make the best use of additional resources. Fund staff will also present the upcoming work program on these issues.

For background information, please see:

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 10:45 am - 12:15 pm

 room MC C1-100

 

 

 

 

 

 

 

Independent Evaluation of the Role of the IMF in the Determination of the External Financing Envelope in Sub-Saharan African Countries
Sponsor: Independent Evaluation Office (IEO - IMF)
Speakers: Joanne Salop, Martin Kaufman, Steve Kayizzi Mugerwa, and Markus Berndt (IMF)

The IMF's Independent Evaluation Office (IEO) is currently examining the Fund's role in determining the availability and use of external funding resources in low-income Sub-Saharan African countries. The IEO evaluation team will give an overview of its work program, emerging issues and questions, and timetable. Specific topics will include the findings of the team’s recent visits to Burkina Faso, Rwanda, Tanzania, and Zambia, and plans for further country visits. Panelists also will summarize the conclusions of the April 21 Evaluation Workshop, being organized nearby. (For further information on the Workshop, contact mkaufman@imf.org.)

The evaluation’s draft issues paper is posted in EnglishFrench, and Portuguese.
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 12:30-2:00 pm

 room MC C1-100

  New !!!
 Summary of
 the discussion

 

 

The HIPC Initiative: An Evaluation Update
Speakers
: Victoria Elliott and Shonar Lala (IEG), Henry Northover (WaterAid)
This session will discuss progress made toward achieving the objectives of the Enhanced HIPC initiative. The World Bank's Independent Evaluation Group (IEG) will open the session with a presentation of findings from its new report: "Debt Relief for the Poorest: An Evaluation Update of the HIPC Initiative."  Henry Northover will comment on the report. The session will then be open for dialogue.

Summary of the discussion

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 1:00 pm

 IMF room B-702

 

Press Briefing: 2006 World Development Indicators - by World Bank Chief Economist Francois Bourguignon and Development Data Group Manager Eric Swanson.

A number of seats in the press room will be made available for CSOs on a first come first served basis.
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 3:00 pm

 IMF room B-702

Press Briefing: International Monetary and Finance Committee (IMFC) Chairman Gordon Brown and IMF Managing Director Rodrigo de Rato.

A number of seats in the press room will be made available for CSOs on a first come first served basis.
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Sunday, April 23

 1:00 pm

 IMF room B-702

                                

Press Briefing: Clean Energy and Development - by World Bank Vice President for Infrastructure Kathy Sierra; Acting Vice President for Sustainable Development Steen Jorgensen; and Chief Scientist Bob Watson.

A number of seats in the press room will be made available for CSOs on a first come first served basis.
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 3:00 pm

 IMF room B-702

 

Press Briefing: Development Committee (DC) Chairman Alberto Carrasquilla Barrera, World Bank President Paul Wolfowitz, and IMF Managing Director Rodrigo de Rato.

A number of seats in the press room will be made available for CSOs on a first come first served basis.
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 4:15-6:00 pm  

 New !!!
 Summary of
 the discussion

 

Briefing Session and Reception for CSOs with President Paul Wolfowitz and World Bank senior managers on the outcomes of the Spring Meetings.

   4-5 pm   Briefing Session   room MC4-800
   5-6 pm   Reception            MC 12 gallery

Summary of the discussion + photos
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Monday, April 24

 9:00-10:30 am

 room MC C1-100

 New !!!
 Summary of
 the discussion

 

                                             

Briefing on the Multilateral Debt Relief Initiative (MDRI)
Sponsors
:  World Bank and IMF
Speakers: Akihiko Nishio,  Manager, Resource Mobilization Department, and Sona Varma, Senior Economist, Economic Policy and Debt Development Department (World Bank); Herve Joly, Deputy Division Chief, Policy Development and Review Department (IMF)
Chair: Amy Stilwell (World Bank)

The panelists will brief participants on the policy implications, operational details, implementation schedule of the MDRI after having been endorsed by the Bank and Fund Boards.

Summary of the discussion
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 10:30 am-12:00 pm

 room MC C1-200

 New !!!
 Summary of
 the discussion

 

Extractive Industies Review (EIR) Implementation Update
Sponsors:  International Finance Corporation (IFC) and Bank Information Center (BIC)
Speakers: Rashad Kaldany, Director, and Clive Armstrong, Lead Economist in the Oil, Gas, Mining and Chemicals Department, IFC; BIC speaker tbc.

An informal dialogue among the staff from the World Bank, IFC, and CSOs concerning status of implementation of EIR committments.

Summary of the discussion
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 12:45-2:15 pm     

 room MC C1-100

 New !!!
 Summary of
 the discussion

Clean Energy & Development - Towards an Investment Framework
Sponsors
:  World Bank, World Resources Institute (WRI), Bank Information Center (BIC)
Speakers:  Bob Watson and Jamal Saghir (World Bank), Otaviano Canuto (World Bank Executive Director); John Sohn (WRI);  Timothy J. Richards (General Electric Company);
Chair: Lord Hunt of Chesterton

Summary of the discussion
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