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Critical voices on the World Bank and the IMF
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UN80: A missed opportunity for transformation?
Member states must deliver on strategic transformation that enables UN to respond to growing crises.
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Gita Gopinath’s departure rekindles debate about US exorbitant influence at IMF
Gopinath to be replaced by US Treasury Secretary’s chief of staff, while Fund’s voting structure preserves US veto power despite calls for greater global representation.
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Civil society calls for an end to the ‘gentleman’s agreement’ and a merit-based, open and transparent MD selection process
Civil society calls for the IMF to ensure the next MD selection process is undertaken in accordance with a merit-based, open and transparent process, underpinned by criteria involving a demonstrated commitment to international human rights, feminist principles, green and equitable development, as well as publicly available shareholder votes.
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Democratic deficit in World Bank presidential appointment: Where is the evolution?
The World Bank Group needs to address its democratic deficit and lack of accountability. As it prepares to elect a new president and implement its “evolution roadmap”, it should use these key opportunities to embrace a profound reform.
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World Bank announces management staff changes, including key players in the ‘evolution roadmap’ process
Anna Bjerde appointed as Bank’s managing director of operations as Axel van Trotsenburg replaces Mari Pangetsu as managing director of development policy and partnerships.
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BWP’s reaction to the resignation of World Bank’s President David Malpass
The new World Bank’s president should be appointed through a merit-based, transparent process with criteria publicly available and candidates being able to present their platform.
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IMF’s Independent Evaluation Office appoints new director and releases 2023 work plan
Changes in leadership have been announced at the WB Independent Evaluation Group and IMF Independent Evaluation Office. Furthermore, the IMF IEO published its 2023 Work plan introducing two new governance evaluations of the IMF’s mandate and its Exceptional Access Policy.
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It’s just the tip of the iceberg: civil society organisations call for an overhaul of the World Bank following the Doing Business Report scandal
More than 140 CSO groups and individuals call on the World Bank to focus on grappling with the harms caused by its undemocratic governance structure and biased publications like the Doing Business Report, and to take measures to decolonise the institution.
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Staff changes in key positions at the IMF reflect adherence to out-dated gentleman’s agreement
IMF announces leadership changes as Gita Gopinath promoted to First Deputy Managing Director, Pierre-Olivier Gourinchas named Chief Economist, and Nadia Calviño heads IMFC.
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Malpass makes World Bank a pariah with opposition to TRIPS waiver
World Bank President comes out against temporarily waiving intellectual property rights on Covid-19 vaccines
