Describing how formerly secretive financial institutions have been slow to accept responsibility for the consequences of their investments - especially the problems that can result from projects in developing countries - she shows that financing institutions can cause significant social and environmental damage and argues that new accountability mechanisms are necessary to reduce or prevent such damage. Because such institutions operate on a global scale, only semi-judicial accounting mechanisms can provide the necessary accountability. It is time for the private financial sector to follow multilateral financial institutions in creating independent mechanisms, mediation procedures, and access to decision makers for people harmed or potentially harmed by projects financed by their institutions.
Authors
- Bibliography, etc. Note
- Includes bibliographical references (p. [467]-480) and index
- Control Number Identifier
- CaOOCEL
- Dewey Decimal Classification Number
- 332.1/5
- Dewey Decimal Edition Number
- 22
- General Note
- Issued as part of the desLibris books collection
- ISBN
- 9780773534018 9780773576650
- LCCN
- HG1725
- LCCN Item number
- P63 2008eb
- Modifying agency
- CaBNVSL
- Original cataloging agency
- CaOONL
- Physical Description | Extent
- 1 electronic text (xxv, 491 p.)
- Published in
- Canada
- Publisher or Distributor Number
- CaOOCEL
- Rights
- Access restricted to authorized users and institutions
- System Control Number
- (CaBNVSL)slc00225547 (OCoLC)713186463 (CaOOCEL)432961
- System Details Note
- Mode of access: World Wide Web
- Transcribing agency
- CaOONL
Table of Contents
- Contents 8
- Abbreviations 10
- Foreword 14
- Acknowledgments 19
- Introduction 21
- 1 Globalization and the Rise of Accountability Mechanisms 29
- 2 The World Bank and the History of Accountability 58
- 3 Inception of the World Bank Inspection Panel, Its Mandate, and Its Structure 92
- 4 Accountability Mechanisms in Other Multilateral Financial Institutions 131
- 5 Accountability for the Private Financial Sector 189
- 6 The Daily Work of an Accountability Mechanism 243
- 7 Results of an International Survey 269
- 8 A Swan Song and a Major New Development: Conclusions and Recommendations for Future Mechanisms 343
- APPENDICES 352
- 1 Resolution Establishing the World Bank Inspection Panel 352
- 2 The Equator Principles II, July 2006 358
- 3 Background Interviews 368
- 4 Experts Who Contributed to the Study 433
- Notes 439
- Websites 491
- Bibliography 493
- Index 507
- A 507
- B 508
- C 508
- D 510
- E 510
- F 511
- G 511
- H 512
- I 512
- J 513
- K 513
- L 513
- M 513
- N 514
- O 514
- P 515
- Q 515
- R 515
- S 515
- T 516
- U 516
- V 516
- W 516
- X 517
- Y 517
- Z 517
