For example, in early 1990, Japan strongly opposed Soviet observer status in the International Monetary Fund, and opposed Soviet membership and borrowing privileges in the new European Bank for Reconstruction and Development.

CENTERFORSECURITYPOLICY: Excerpts From An Interview With Roger W. Robinson, Jr.

Given the challenges of financing major capital projects like power plants in the midst of the Great Recession, South Africa and the national utility, Eskom, have turned to the World Bank, the African Development Bank and the European Investment Bank for assistance in financing new electric power stations.

FORBES: Without Affordable, Clean Alternatives, South Africa Turns to Coal

The Tate's modern art collection will be moved to its new development at Bankside, on the south bank of the River Thames.

BBC: tate

Extreme global poverty could be eradicated by the end of the next decade under optimistic new targets unveiled by the World Bank that have divided development experts.

FORBES: Let's Eradicate Poverty And Darn The Inequality

Horst Kohler, the president of European Bank for Reconstruction and Development, has emerged as the new European candidate to run the world's most important financial institution.

BBC: New candidate for IMF boss

But fiscal consolidation must continue: the Asian Development Bank pressed the point this week when it said that any new loans it makes will depend on this.

ECONOMIST: The Philippines

The new report was produced in conjunction with the UN Economic Commission for Africa and the African Development Bank - ironically, one of the organisations that some argue should replace the World Bank.

BBC: African economies 'in reverse'