A new report by Bolivian NGO CEDLA shows that despite a new emphasis on civil society participation and poverty alleviation, the core policies attached to IMF loans have not changed. Participation in the design of the national poverty reduction strategy excluded many non-governmental actors and did not have the supposed impact on the final document. Using evidence from past programmes, the authors conclude the Fund’s Poverty Reduction and Growth facility and the PRSP are “unlikely to change the prospects of the economy and of the majority of the people in Bolivia”. They recommend social impact analysis of proposed policies and open public debate before a new letter of intent is signed.
New IMF gender guidance opportunity for civil society to keep its staff to account.
BWP publishes essay series reflecting on the legacy of 75 years of IMF and World Bank policies and power.
Donate to the Bretton Woods Project
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).