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

Environment

Analysis

Lack of public finance and debt relief at COP26 undermines countries' climate goals

Climate-for-debt swaps mechanism proposed by IMF fails to materialise, while rich countries' climate finance commitments remain unmet.

9 December 2021

IFI governance

News

Independent Evaluation Office downplays IMF’s promotion of austerity whilst civil society warns of further cuts

Concerns over excessive austerity waved away, despite IEO admission that protection of low-income and vulnerable groups had fallen short.

9 December 2021

Finance

News

IMF’s punishing surcharges strain Covid-19 response and recovery efforts

Civil society and economists unite in calls for IMF to abolish unethical and harmful surcharges on member countries that undermine financial stability and Covid-19 recovery.

9 December 2021
Until debt tear us apart message on a wall in the LX factory area of Lisbon, Portugal.

Finance

News

Debt crisis: What next as IMF and G20 initiatives set to expire?

G20 Common Framework left as the only multilateral mechanism for debt suspension, while private sector still refuses to engage.

9 December 2021

Environment

News

World Bank accused of being ‘ongoing underperformer’ at COP26, as key Bank shareholders commit to fossil-fuel finance phaseout

UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.

9 December 2021

Finance

Background

What are Special Drawing Rights (SDRs)?

This Inside the Institutions looks at the IMF’s Special Drawing Rights, including their history and usage, with a focus on the latest allocation, which accounts for 69 per cent of the SDRs ever disbursed.

9 December 2021 | Inside the institutions

Environment

Analysis

IMF surveillance and climate change transition risks

New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.

8 November 2021 | Briefings

Other news

Rights

News

Open letter UN Human Rights Council and UN Special Rapporteur on Disability Rights, Gerard Quinn

Letter from World Bank Disabled Support Group to UN Human Rights Council and UN Special Rapporteur on Disability Rights

9 December 2021 | Letters

Social services

News

Global Day of Action against the IMF and World Bank rejects corporate recovery agenda

Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 recovery.

9 December 2021

Finance

News

IMF takes steps to control cryptocurrency policies

Fund warns cryptocurrencies are a threat to global financial stability as El Salvador makes Bitcoin legal tender.

9 December 2021

Finance

News

Tensions escalate between Argentina and the IMF ahead of crucial loan repayment deadline

Controversial loan from IMF could force country into severe spending cuts.

9 December 2021

Finance

News

Civil society frustrated by lack of substantive engagement in IDA20 replenishment process

Private sector first approach intact in IDA20 replenishment despite CSO recommendations.

9 December 2021

Conditionality

News

Will IMF policy advice align with new UNESCO Declaration on education finance?

IMF advice makes it challenging for countries to achieve education finance goals agreed at UN declaration.

9 December 2021

Gender

Background

Gender Project Officer vacancy (CLOSED)

BWP is looking for a Project Officer to support the Bretton Woods Project team in monitoring the work of the World Bank and IMF, supporting critical civil society communities, and advocating for transformational change.

16 November 2021 | Recruitment

IFI governance

Background

The World Bank’s Development Policy Financing: implications for a just, green and feminist recovery

Notes from the Civil Society Policy Forum session on 29 September on the implications and shortcomings of how Development Policy Financing nudges countries towards policy reforms.

19 October 2021 | Minutes