Analysis

IFI governance

Analysis

G24 communiqué analysis - Annual Meetings 2021

G24 finance ministers called for urgent measures to arrest the unequal recovery from the Covid-19 pandemic.

19 October 2021
Managing Director Kristalina Georgieva speaks during the IMFC Plenary meeting during the 2021 Annual Meetings at the International Monetary Fund.

IFI governance

Analysis

IMFC communiqué analysis – Annual Meetings 2021

The communiqué of the IMFC was issued on 14 October. It emphasised an uneven recovery from the Covid-19 crisis and highlighted debt concerns. It also called for progress on IMF quota reform.

19 October 2021

IFI governance

Analysis

Annual Meetings 2021 Preamble: IMF and World Bank face existential questions in midst of global health and climate crises

Doing Business scandal, likely conditions attached to SDR rechannelling and lack of Bank and Fund support for an intellectual property waiver for vaccines highlight links between undemocratic governance structures at Bank and Fund and the uneven recovery from the pandemic.

7 October 2021

Finance

Analysis

Opportunity lost? IMF approach to Special Drawing Rights channelling risks wasting golden chance

Civil society groups argue that IMF must be far more ambitious in its plans for SDRs to be channelled to countries in need.

30 September 2021

Social services

Analysis

IMF rhetoric and practice on public sector wage constraints: Advice to slash spending continues despite Covid-19 pandemic

Forthcoming research from ActionAid International shows IMF’s dogmatic support for public sector wage bill cuts continues.

29 September 2021 | Guest analysis

Environment

Analysis

New IMF climate strategy seeks to radically expand its climate work – amid concerns about its approach

Strategy proposes adding up to 95 new staff to boost Fund’s capacity to work on climate issues, as civil society research suggests Fund advise misaligned with just energy transition.

29 September 2021

Environment

Analysis

World Bank’s plans for Indonesia: Delayed action on climate and continued coal and gas support

Indonesian civil society have raised concerns that the World Bank is promoting gas and supporting further coal expansion in its new Country Partnership Framework.

29 September 2021 | At Issue

Finance

Analysis

Learning lessons from the Covid-19 pandemic: The World Bank’s macroeconomic policies and women’s rights

This briefing argues that the Bank’s current framework for analysing the impacts of its macroeconomic policy advice on gender equality are insufficient.

29 September 2021 | Briefings

Finance

Analysis

Civil society joint statement on UK channelling of its SDRs allocation

On 23 August, the IMF finalised the allocation of $650 billion worth of SDRs to its member states. CSOs outline in a joint statement how the UK should seize this opportunity.

23 August 2021

Finance

Analysis

Democratic deficit: The IMF, Ecuador, and central bank independence

IMF's continued push for central bank independence criticised as undemocratic, unequal and for curtailing countries' capacity to respond to the pandemic.

13 July 2021

Finance

Analysis

The IMF's Comprehensive Surveillance Review: A bungled attempt at meeting the moment

Review maintains inadequate and inconsistent approach to economic and gender inequality, as well as climate change.

13 July 2021 | At Issue

Finance

Analysis

Economic stability with social instability: The IMF and austerity protests in Colombia

Mario Valencia of Latindadd explains the context of ongoing protests in Colombia following proposed tax increases from the IMF.

13 July 2021 | Guest analysis