The sovereign debt crises threatening states in the Global South are less about fiscal mismanagement and more about monetary power in the global currency hierarchy.
EarthRights International examines how the Jam v. IFC case has helped to shift the landscape of accountability for international financial institutions by successfully challenging their claim to “absolute” immunity in US courts, potentially opening IFC up to further legal challenges in future.
IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance
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.
Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.
This briefing argues that the Bank’s current framework for analysing the impacts of its macroeconomic policy advice on gender equality are insufficient.
Review maintains inadequate and inconsistent approach to economic and gender inequality, as well as climate change.
Renewed calls for a substantial SDR allocation raise urgency of reforming the inequitable global reserve ‘non-system’.
Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.
It is time for the IMF and World Bank to understand their own responsibility and decolonise their approach.
As India has risen in the World Bank's Ease of Doing Business rankings, it has seen other key development indicators slip.
New IMF gender guidance opportunity for civil society to keep its staff to account.