World Bank announces relaunch of Doing Business Report in approximately two years.
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.
Climate-for-debt swaps mechanism proposed by IMF fails to materialise, while rich countries' climate finance commitments remain unmet.
IMF and Pakistan have reached agreement for a further loan disbursement, with Pakistan agreeing to significant cuts.
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.
The Development Committee communiqué was published on 15 October. It acknowledged an uneven and uncertain path to recovery, while it kept silent on the need for a TRIPS waiver of the Covid-19 vaccines and said little about the IMF’s new $650 billion allocation of SDRs.
Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.
G20 offers sanguine tone on the global health and debt crises, failing to address issues related to vaccines and private creditors.
As the Covid-19 pandemic exacerbated and helped reveal pre-existing injustices and structural flaws in the global economy - and the IMF and World Bank proved unable to reverse course on broke policy prescriptions - calls for reforming the international financial and development architecture gained strength.
G24 communiqué (09 October): analysis, original document G20 finance ministers' communiqué (10 October): original document…
Sponsor: World Bank Group Chairs: Merza Hasan (WB Executive Director, MENA Constituency), Lindsay Coates (Acting…
In July 2012 NGOs called on governments to pivot away from funding the Bank-housed Climate…
Information on the private sector and the CIFs taken from each section of CIF Monitor…
Climate Investment Funds Monitor 7 25 April 2013 This briefing, including references, can also be…
The UK should not increase its contribution to IDA in the current replenishment. Instead, it should focus on achieving substantial reforms of the World Bank and IFC in key areas, including health, gender, climate and energy, and the private sector, and in radically improving the legitimacy, transparency and accountability of the institution.
Summary of seminar held at the Civil Society Forum during the 2010 World Bank/ IMF spring meetings.