The IMF‘s Independent Evaluation Office has completed its first study. It looks at “prolonged use of IMF resources” in countries such as Pakistan, Senegal and the Philippines. Two further studies on fiscal adjustment in IMF-supported programmes and the role of the IMF in recent capital account crises (Brazil, Korea, Indonesia) will be available by Spring 2003. There are concerns that the IEO is adopting a technocratic approach, rather than including views of a broad range of stakeholders. These studies will raise questions but not make recommendations to avoid treading on the IMF Board of Directors’ toes.
New IMF staff discussion note links gender and economic equality, but will this research influence IMF policy?
New report reveals IMF policy in the MENA region has remained unchanged after the 2011 Arab uprising, despite its rhetoric for change towards inclusive growth.
Donate to the Bretton Woods Project
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).