Capital flows

Finance

Commentary

Financial liberalisation, capital controls and development in Africa: The case of Uganda

Financial liberation has had a significant effect on Uganda’s economy opening the door for significant foreign ownership while facilitating the ongoing extraction of wealth.

19 July 2023 | Guest comment

Finance

News

IMF capital control review: A missed opportunity to support a just recovery and stability

IMF review of institutional view on capital controls disappoints as it largely maintains the policy framework of its predecessor

6 April 2022

Finance

Analysis

Debt crisis prevention: We need to talk about capital controls

IMF's position on capital controls must be revised to recognise that they are an essential and permanent macroeconomic tool necessary to increase countries' policy autonomy and enable them to act counter-cyclically and to prevent future debt crises.

9 December 2021 | At Issue

Finance

News

Evaluation finds IMF advice on capital controls lacking empirical support

IMF’s Independent Evaluation Office suggests that Fund guidelines are too restrictive and recommends a refresh in light of recent experience and research.

23 March 2021

Finance

Analysis

World Bank’s rating obsession will negate debt justice

The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.

12 August 2020 | At Issue

Finance

Analysis

What is left of the rise of the South?

While the recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, they are thus far not a rupture with the Western-dominated international financial architecture.

5 April 2016 | Guest analysis

Finance

News

IMF reopening case for capital controls?

An IMF policy paper on the international monetary system considers its future policy on capital controls and proposes a review of the IMF's institutional view on the liberalisation and management of capital flows.

5 April 2016

Finance

Analysis

UN Financing for Development: the Fund and Bank's role & influence

This briefing analyses the role of the Bank and Fund in the UN Financing for Development negotiations.

3 July 2015 | At Issue

Finance

Background

Financial tremors in developing countries: is another earthquake on the way?

Aldo Caliari Monetary policy changes in rich world are now starting – the reversal of…

11 April 2014

Private Sector

Analysis

Follow the money

New Bretton Woods Project report reveals World Bank Group channelling crucial development resources to banks instead of directly investing in pro-poor projects.

10 April 2014 | Reports