New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
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International Monetary Fund (IMF)
IFI governance
Analysis
Gambling with our lives: Global emergencies expose consequences of decades of IMF and World Bank policies
Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.
Conditionality
Commentary
Costa Rica resoundingly rejects IMF’s 'austericidal' recipe
Alternative progressive solutions reached by democratic and inclusive multi-sectoral dialogue.
IFI governance
Analysis
Biden, the Bank and IMF: A break with ‘America first’ or its continued pursuit through multilateral means?
The world awaits to see whether Trump’s defeat will result in the end of the 'America First' approach and a democratisation of the IMF and World Bank and the multilateral system.
Finance
News
IMF's continued VAT push inconsistent with rhetoric on progressive taxes
As the IMF celebrates the rise of VAT, women and those least able to pay are left behind in worsening inequality crisis.
IFI governance
Analysis
Annual Meetings 2020 Wrap Up: Bank and Fund struggle to implement sustainable recovery as private sector dashes hopes of debt relief progress
The rising power of the private sector has undermined debt justice and much-needed pandemic response capacity, while IFIs' calls for sustainable recovery at the Annual Meetings fall flat.
IFI governance
Analysis
Development Committee communiqué analysis – Annual Meetings 2020
Analysis of the Development Committee communiqué published on 16 October from the 2020 World Bank and IMF virtual Annual Meetings.
IFI governance
Analysis
IMFC communiqué analysis – Annual Meetings 2020
Analysis of the IMFC communiqué, issues on 15 October, from the 2020 World Bank and IMF virtual Annual Meetings.
Other news
Conditionality
Background
Project Officer (CLOSED)
The Bretton Woods Project is looking for a Project Officer to support the Bretton Woods Project team in monitoring the work of the IMF, supporting critical civil society communities, and advocating for transformational change.
Conditionality
Background
Fiscal space for universal health and social protection post Covid-19 pandemic: How to prevent austerity
Notes from the Civil Society Policy Forum Session on 2 October.
Conditionality
News
Pakistan resists IMF measures that could “push more people into poverty”
IMF programme would result in increased electricity prices and regressive consumer tax hikes amid rising cost of living.
IFI governance
News
World Bank and IMF delay Morocco’s hosting of Annual Meetings until October 2022
Marrakesh was due to host 2021 meetings prior to announcement.
Finance
Background
What types of financing does the IMF provide?
The IMF provides various types of loans to member governments. This background article explains how IMF lending works and sets out the differences between the main types of IMF lending.
Accountability
Background
Tracking the trillions: Emergency funds, corruption and making the Covid-19 recovery work for all
Notes from Civil Society Policy Forum at the 2020 IMF and World Bank Annual Meetings 29 September session on corruption and Covid-19 recovery.
Gender
Background
Building a feminist recovery for all: Gender transformative policies are more urgent than ever
Notes from the Civil Society Policy Forum session on 1 October.
Environment
Background
Climate change and the Covid-19 recovery – the role of the IMF in building back better
Notes from the Civil Society Policy Forum session on 28 September.
Featured briefings
14 December 2020
Gambling with our lives: Global emergencies expose consequences of decades of IMF and World Bank policies
Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.
10 December 2020
The Bretton Woods Observer: Winter 2020
12 October 2020