NGOs’ letter to Gordon Brown, Chair of the International Monetary and Finance Committee, to express their concerns about the proposed structure for the Independent Evaluation Office (IEO) of the IMF and to suggest alternative features which are essential for ensuring an effective, transparent IEO.
International Monetary Fund (IMF)
Finance
News
New Bretton Woods Project report on capital flow implications
The Bretton Woods Project is about to publish a report examining the role of the World Bank and IMF in promoting private investment in developing countries, and the true costs and benefits of international financial flows.
Accountability
News
Bank governance work examined
The roles of the World Bank in promoting good governance and democracy are assessed in two new papers.
Conditionality
News
Turkish students in anti-IMF protest
Turkish students protested against the International Monetary Fund and the government’s austerity programme in May.
Rights
News
New SAP alerts
US-based NGO Globalization Challenge Initiative has launched a “Structural Adjustment Program (SAP) Information Alert” service.
Conditionality
News
Nigerian parliament rejects IMF
In July, the Nigerian House of Representatives adopted a non-binding motion urging the federal government to suspend all activities in respect of an IMF standby loan until the conditions were made public.
Knowledge
News
Report on transition safety nets
Forthcoming research by Save the Children Fund examines the record of “safety net” social programmes in formerly socialist countries.
Conditionality
News
Slovaks condemn WB-IMF collusion
Friends of the Earth Slovakia has complained about the World Bank’s requirement that the government agree a programme with the IMF before it can access Bank loans.
Rights
News
Prague plans
The annual meetings of the World Bank and IMF will be the occasion for high-level official decision-making about the future of the institutions as well as protests and alternative discussions among civil society groups.
Finance
News
New book on debt origins and impacts
Brazilian activist Marcos Arruda exposes the problems with his government’s economic policies and the role of the IMF in a new book.
WB/IMF roles
News
Köhler seeks focused, independent IMF
In May in his first public speech as the new head of the IMF, Horst K
Accountability
News
G7 will impose their architecture agenda
G7 finance ministers in July reiterated their commitment to enforce their agenda without a commitment to address the needs of the poorest countries.