Mr Montek Ahluwalia, a member of the Economic Advisory Council to the Prime Minister of India, has been appointed Director of the IMF’s new Independent Evaluation Office (EVO).
International Monetary Fund (IMF)
WB/IMF roles
News
IMF announces new staff after three go
After IMF Economic Counsellor Michael Mussa’s resignation in March, two other senior IMF staff announced their plans to leave.
Finance
News
IMF and WB wanted for fraud
Protesters carrying placards proclaiming “Africa Needs Liberation Not Charity” and “the Debt is a Fraud” gathered outside World Bank offices in London on 26 May to mark African Liberation Day.
Rights
News
Financial crises and global slowdown capture IMF-World Bank spring meetings agenda
The global economic slowdown and donor countries’ differing views on what to do about it, pushed issues related to the world’s poorest nations to the sidelines of public debate on this year’s spring meetings of the IMF and World Bank.
Finance
Analysis
Go with the Flows? Capital Account Liberalisation and Poverty
April 2001 report from the Bretton Woods Project and Oxfam. Examines the links between capital account liberalisation (CAL) and poverty reduction, including how CAL affects government spending, the delivery of social services, access to credit for small businesses and households, and general opportunities for sustainable livelihoods.
Finance
News
PRSP case studies report
A new report summarises some of the continued challenges for participatory poverty reduction processes.
Conditionality
News
Ecuador adjustment protesters strike deal
In late January and early February Ecuadorean indigenous groups led further protests against government and IMF economic policies.
Conditionality
News
Nicaraguan mayors call for consultation
Local government leaders in the Leon Norte area of Nicaragua have written to the World Bank to express their “deep concern about the development of the PRSP consultation in Nicaragua”
Conditionality
News
Conditionality reduced but still “indispensable”
The numbers of conditions applied by the IMF may be reduced. But prior policy commitments and international codes and standards will be examined and in the area of governance, conditions may actually increase.
Conditionality
News
Social sectors bear brunt of Argentine austerity programme
The crisis in Argentina deepened in March after three ministers, including the Education and Economy Ministers, resigned after the government agreed a new austerity programme with the IMF.
Accountability
News
Carrots, sticks and ethnic conflict
How do donor resources, policy advice and conditions attached to aid affect ethnic conflict? International donor interventions are explored by Milton Esman and Ronald Herring of Cornell University in their new book Carrots, Sticks and Ethnic Conflict: Rethinking Development Assistance.
WB/IMF roles
News
G8 strategy attacked as too pro-Bank
Franck Almaric of the Society for International Development has sharply criticised the Italian government’s draft strategy for the G8 summit.
Featured briefings
6 April 2022
The Bretton Woods Observer: Spring 2022
8 December 2021
The Bretton Woods Observer: Winter 2021
8 November 2021
IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.