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International Monetary Fund (IMF)

Knowledge

Background

Bretton Woods Project Annual Report 2023

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.

21 February 2024 | Annual report (BWP)

IFI governance

News

Civil society calls for a meaningful Quota Reform that accurately reflects the changes in the global economy to ensure a fair representation of all member countries

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

18 December 2023 | Letters
Pile of books from the Tibet Green Library. Credit: Bart Heird

Knowledge

Background

Recommended Resources on the World Bank and the IMF 2023

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.

19 February 2024

Gender

Background

(CLOSED) Gender Equality and Macroeconomics (GEM) Project Lead

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.

11 January 2024 | Recruitment

Finance

Analysis

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.

13 December 2023
IMF Managing Director Kristalina Georgieva participates in the Joint Climate Seminar during the 2023 Annual Meetings of the World Bank Group and International Monetary Fund in Marrakech, Morocco on October 11, 2023. Credit: IMF Photo/Kim Haughton

Conditionality

Analysis

World Bank and IMF promoting private finance and fiscal consolidation despite mounting evidence of harmful impacts

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.

13 December 2023

Finance

Analysis

UN Secretary General's New Agenda for Peace calls for urgent financial architecture and policy reform

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.

13 December 2023

Environment

News

Morocco and IMF Resilience and Sustainability Trust: Balancing debt, privatisation and neocolonial dynamics

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.

13 December 2023
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Other news

Environment

Background

Laure-Alizée Le Lannou joins the Bretton Woods Project as new Environment Project Officer

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.

13 December 2023

Finance

News

New book addresses shortcomings of traditional approaches to debt and economics 

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.

13 December 2023

IFI governance

Background

African perspectives on the reforms of the international financial architecture

Notes from the Civil Society Policy Forum Session 'African perspectives on the reforms of the international financial architecture' on 11 October 2023.

11 October 2023 | Minutes
TRANSFORMATIVE POL ICY PATHWAYS: LESSONS FROM FEMINIST ECONOMICS PROGRAMMING FOR THE IMF.

IFI governance

Background

Transformative policy pathways: Lessons from feminist economics programming for the IMF

Notes from the Civil Society Policy Forum on 10 October 2023 titled "Transformative policy pathways: Lessons from feminist economics programming for the IMF."

10 October 2023 | Minutes

Social services

News

Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favour of ineffective targeting schemes

Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favor of ineffective targeting schemes.

4 October 2023

Finance

News

Biden administration signals additional funding for World Bank and IMF

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.

4 October 2023

Finance

News

IMF acknowledges capital controls have helped Argentine economy

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.

4 October 2023

Finance

News

African finance ministers join growing calls for more equitable SDR allocations

New calls for SDR reform reveal acute need of financing for low- and middle-income countries to achieve the Sustainable Development Goals.

19 July 2023
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