Articles & resources
Critical voices on the World Bank and the IMF
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Fuelling authoritarianism: The role of the Fund and Bank in eroding the social contract
BWIs’ policies continue to contribute to the rise of populism, authoritarianism and backlash against multilateralism despite the institutions’ long-standing concerns and rhetorical support for reform.
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IDA21 policy package disappoints as prospects for IDA countries continue to darken
After difficult negotiations due to American pressure on climate and gender, World Bank governors approve IDA21 document, embedding the Bank’s problematic private sector-led development approach and failing to integrate economic transformation or binding human rights obligations.
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Breaking free from the aid trap: time for Africa to halt international financial institutions’ austerity policies
The ‘aid trap’ continues in light of significant ODA cuts amidst political change in donor countries, as the BWIs continue to facilitate the financialisation of essential services like healthcare.
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IDA21 cobbles together $100 billion replenishment in context of wider aid cuts
Amid concerns about the policy package, IDA’s 21st replenishment showed difficulty of mobilising donor finance through elections and geopolitical tensions.
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IDA21: Moving beyond a focus on ‘historic’ replenishment
Calls for a ‘historic’ IDA21 replenishment risk diverting attention from the policy framework necessary for IDA to support countries to break their dependence on development finance and undertake the ecologically sustainable and just economic transformation long sought by their populations.
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Joint statement on World Bank’s IDA20 replenishment
Bretton Woods Project, Eurodad and Afrodad publish statement on the need for IDA20 replenishment to make an effective and meaningful contribution to recovery and resilience efforts.
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World Bank pandemic bond instrument fails in COVID-19 response
World Bank’s ‘innovative’ health financing instrument proved to be slow and late.
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Nepal denied IMF disaster debt relief
The IMF in June denied Nepal support under its Catastrophe Containment and Relief Trust, following the earthquake in April.
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UN Financing for Development: the Fund and Bank’s role & influence
This briefing analyses the role of the Bank and Fund in the UN Financing for Development negotiations.
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Factsheet: World Bank’s IFC and private finance for development
This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
