Articles & resources
Critical voices on the World Bank and the IMF
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World Bank Shareholding Review must deliver a better deal for African governments
2025 review needs to deliver reforms that strengthen borrower influence and improve global development governance.
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Beyond loans: The human rights impacts of IMF conditionalities in Argentina
IMF conditionality review must acknowledge that macroeconomic stability cannot be built on erosion of rights, care systems and environment.
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Fourth International Conference on Financing for Development exposes continued lack of commitment to address systemic issues
Despite the watered down consensus at FfD4, follow up opportunities must be seized upon to advance the agenda of international financial architecture reform in the coming years.
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Sri Lanka and the IMF: Another stark example of the need for urgent debt restructure reform
After defaulting in 2022, Sri Lanka has entered its 17th IMF programme, resulting in severe socially and economically damaging austerity, as IMF’s inadequate debt sustainability analysis and approach continue to fail to address the root causes of the country’s cyclical debt problems.
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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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Kenya’s growing youth movement for fiscal justice rejects IMF-mandated austerity
Youth-led led protests lead to withdrawal of controversial finance bill by President William Ruto.
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No false solutions: IMF surcharges must go
The IMF’s surcharges review presents a golden opportunity to eliminate these harmful and counterproductive fees.
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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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A proposal for Ajay: No evolution without remedy
While World Bank President declares the benefits of a “bigger and better” Bank, the scandal of alleged child sexual abuse and cover up relating to IFC investments in Bridge Academies demonstrates the urgent need for the Bank to establish a robust remedy framework.
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Decolonising the global economic architecture: The prerequisite for a just transition
Global South faces severe structural deficiencies that weaken its economic sovereignty and put it at the mercy of a neo-colonial global financial architecture.
