The IMF is critical of the Indonesian’s government’s decentralization plans, which it believes could lead to excessive borrowing by regional governments. The government is in talks with the IMF to find ways to implement its new regional autonomy law. The IMF, apparently frustrated by the political situation and the slow pace of reforms, has withheld a loan installment of US$440m. Local media report that Indonesian President Abdurrahman Wahid said that the IMF “must learn the art of compromise”.
BWP briefing explores IMF's labour market policies in the context of women in the informal economy and suggests they will not contribute to decreasing inequalities.
The Bretton Woods Project published an edited volume on the gendered impacts of some of the most commonly-prescribed macroeconomic policies of the IMF, covering tax, expenditure and labour policies.
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