The lower house of the Brazilian parliament is considering a bill which would require the appointment of posts in international organisations such as the Bank and Fund to receive confirmation by the senate. The NGO Rede Brasil has called for civil society to back the bill, saying that it is because the IFIs “remain immune from scrutiny by parliaments and society that such organisations become capable of unduly and harmfully interfering in internal policies of borrower countries.”
The IMF and the World Bank are increasingly engaged with the challenge of addressing how tax avoidance and evasion affect developing countries, but need to address the role played by multinational enterprises and tax havens in exacerbating inequality and undermining countries’ domestic revenues.
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