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Multilateral Development Bank Accountability Mechanisms: Developments and Challenges

Date: 4 November 2009 Time: 12 noon

Venue: Faraday NSSR 1

Suresh Nanwani is a Principal Human Resources Specialist for Asian Development Bank and will speak on the following topic:

Multilateral Development Bank Accountability Mechanisms:

Developments and Challenges

Richard E. Bissell and Suresh Nanwani

ABSTRACT: Until 1993, there was no formal forum for people adversely affected by poorlydesigned

and/or implemented projects supported by multilateral development banks (MDBs)

to file claims to redress their grievances. The World Bank was the first MDB to establish an

accountability mechanism, its Inspection Panel, in 1993. Within the next 15 years, six other

MDBs - Inter-American Development Bank, Asian Development Bank, International Finance

Corporation, Multilateral Investment Guarantee Agency, European Bank for Reconstruction

and Development, and African Development Bank - followed suit with their own

accountability mechanisms, each having its own system in attempting to fix problem projects.

Grievance claims filed with these mechanisms have been increasing over the years, and

citizens are still clamouring for MDBs to adopt new approaches or ways to hear their voices

and handle their grievances. This article will first discuss the establishment and raison d'Ítre

of MDB accountability mechanisms. An overview of these mechanisms is provided, and an

analysis is made on the emerging trends and directions of these mechanisms. The article

concludes with a discussion on the challenges that lie ahead for MDBs and their

accountability mechanisms and makes suggestions on how these banks and their mechanisms

can meet these challenges.

Everyone is Welcome

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Who can attend: Anyone

 

Further information

Organising departments and research centres: Law

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Faculty of Arts and Social Sciences
Faculty of Arts and Social Sciences
Lancaster University
Lancaster LA1 4YD
United Kingdom

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