As the world struggles with divergent recovery paths from the pandemic, the IMF and World Bank once again failed to take the decisive action required during the Spring Meetings.
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International Monetary Fund (IMF)
IFI governance
Analysis
Development Committee communiqué analysis - Spring 2021
Analysis of the IMF and World Bank Development Commitee communiqué published on 9 April from the 2021 World Bank and IMF virtual Spring Meetings.
IFI governance
Analysis
IMFC communiqué analysis – Spring Meetings 2021
Analysis of the IMFC communiqué published on 8 April from the 2021 World Bank and IMF virtual Spring Meetings.
Finance
Analysis
G20 communiqué analysis – Spring Meetings 2021
Analysis of the G20 communiqué published on 7 April from the 2021 World Bank and IMF virtual Spring Meetings.
IFI governance
Analysis
G24 communiqué analysis – Spring Meetings 2021
Analysis of the G24 communiqué released on 5 April from the 2021 virtual World Bank and IMF Spring Meetings.
IFI governance
Analysis
Spring Meetings 2021 Preamble: Will the IMF and World Bank meet international financing needs and break with flawed policy prescriptions?
As countries begin to recover from the Covid-19 pandemic, key questions around global coordinated stimulus need to be answered by the IMF and World Bank.
Social services
Analysis
World Bank support for Covid-19 vaccination fails to ensure equitable access
World Bank’s Covid-19 vaccination programme contributes to global response but fails to ensure free access to vaccines and healthcare during the pandemic.
Rights
Analysis
Tip of the iceberg: How the call for SDRs reveals the urgency for deeper reforms of the global reserve system to address systemic inequalities
Renewed calls for a substantial SDR allocation raise urgency of reforming the inequitable global reserve ‘non-system’.
Other news
Finance
Analysis
Our world in 2020
As the Covid-19 pandemic exacerbated and helped reveal pre-existing injustices and structural flaws in the global economy - and the IMF and World Bank proved unable to reverse course on broke policy prescriptions - calls for reforming the international financial and development architecture gained strength.
Finance
Background
Special Drawing Rights as a sustainable option for financing fight against COVID-19 and economic recovery in Africa
Notes from the Spring 2021 Civil Society Policy Forum session on 1 April.
Social services
Background
Education financing to reach the most marginalised: Challenges and solutions during COVID-19 response and recovery
Notes from the virtual Civil Society Policy Forum session on 31 March 2021.
Environment
Background
Why climate transition risks are macro-critical: The IMF and enabling a green recovery
Notes from the virtual Civil Society Policy Forum event on 30 March.
Finance
Background
Showcasing the impact of debt in poor countries and a proposal for fair and green recovery financing
Notes from the Civil Society Policy Forum session on 29 March.
Finance
Background
A People’s Recovery: Ensuring progressive fiscal measures for a feminist and just pandemic recovery
Notes from the Civil Society Policy Forum session on 24 March.
Gender
Background
Creating a Caring Economy: The role of IFIs and the CEDAW framework in transformative change
Notes from the Spring 2021 Civil Society Policy Forum session on 23 March.
Finance
News
New Bolivian government returns “irregular and onerous” IMF loan
Government states that $346 million loan jeopardised “the country’s sovereignty and economic interests.”
Featured briefings
30 March 2021
World Bank and IMF Spring Meetings 2021
23 March 2021
The Bretton Woods Observer: Spring 2021
23 March 2021
Tip of the iceberg: How the call for SDRs reveals the urgency for deeper reforms of the global reserve system to address systemic inequalities
Renewed calls for a substantial SDR allocation raise urgency of reforming the inequitable global reserve ‘non-system’.