In July, the United States Congress passed legislation aiming to bar the International Monetary Fund and the World Bank from imposing “user fees” on primary health care and education on poor countries. This is the first time the House has demanded a change in a specific IMF-World Bank “structural adjustment” policy on the ground. The likely impact of this action is unclear, however, as the IMF often argues that it only “advises” governments on how they might meet its macroeconomic conditions such reducing budget deficits.
The Bretton Woods Project has published a new briefing providing a critical analysis of the IMF's latest work on gender equality. The briefing questions the sustainability of the Fund's new approach to gender equality and reveals that the Fund's analysis so far is limited and inconsistent with the full achievement of women's economic empowerment.
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