In 2023, BWP continued its work as a watchdog of the World Bank and the IMF, supporting and amplifying the voices of critical civil society groups to capitalise on calls for substantive change, with a focus on four advocacy areas: Gender equality and macroeconomics, the environment, governance reform and accountability, and financialisation and human rights.
International Monetary Fund (IMF)
Civil society calls upon the IMF to implement a meaningful quota reform by June 2025 and prioritise realignment of shares to reflect more accurately the changes in the global economy and address representation issues
As every year, BWP published its collection of reports, briefings, CSO letters and other resources with a critical angle published in the past year on the World Bank and the IMF.
BWP is seeking a Gender Equality and Macroeconomics (GEM) Project Lead to manage BWP’s ongoing GEM Project and lead BWP’s work on gender equality and women’s rights.
Global South faces severe structural deficiencies that weaken its economic sovereignty and put it at the mercy of a neo-colonial global financial architecture.
Civil society research documents clear harms from privatisation and fiscal consolidation on public services and human rights, as Bank and Fund push for their deepening.
UN Secretary General’s New Agenda for Peace report identifies growing threats to global peace and stability, and proposes urgent reforms to the unjust economic system. World Bank and IMF resist policy and governance reform.
Morocco's $1.32 billion Resilience and Sustainability Trust loan comes with 'green conditions' which may facilitate neocolonial resource-grabbing and a European-led rush for ‘green’ hydrogen.
Laure-Alizée Le Lannou will support the Project’s work on environmental and climate advocacy targeting the World Bank as well as research on IMF Special Drawing Rights.
New book details the gendered effects of austerity and argues that the human rights of people living in debt-distressed countries must take precedence over creditors’ financial interests.
Notes from the Civil Society Policy Forum Session 'African perspectives on the reforms of the international financial architecture' on 11 October 2023.
Notes from the Civil Society Policy Forum on 10 October 2023 titled "Transformative policy pathways: Lessons from feminist economics programming for the IMF."
Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favor of ineffective targeting schemes.
New financing for the IMF and World Bank proposed by the US will not fix the flawed private sector development paradigm that burdens Global South economies with debt.
IMF research acknowledges measures to restrict capital outflows introduced in 2019 contributed to Argentina meeting the performance criteria for the Fund’s Extended Fund Facility.
New calls for SDR reform reveal acute need of financing for low- and middle-income countries to achieve the Sustainable Development Goals.