Notes from a Civil Society Policy Forum SPF on 22 October 22 titled "Taxing the super-rich, a step closer".
International Monetary Fund (IMF)
IFI governance
Analysis
Annual Meetings 2024 Preamble: BWIs’ management and key shareholders stand in the way of transformative governance reforms despite ‘evolution’ rhetoric
Unconvincing World Bank Evolution Roadmap reforms and IMF’s struggle to mainstream climate and gender symptomatic of wider malaise.
Conditionality
Analysis
Kenya's growing youth movement for fiscal justice rejects IMF-mandated austerity
Youth-led led protests lead to withdrawal of controversial finance bill by President William Ruto.
Finance
Analysis
The lost call for international financial architecture reform in the G20
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
Finance
Background
What is the World Bank & IMF debt sustainability framework for low-income countries?
This Inside the Institutions examines the joint World Bank and IMF Debt Sustainability Framework (DSF) for low-income countries (LICs) and evaluates its impact on LICs’ ability to maintain fiscal space for development and climate goals.
Finance
News
Project 2025 takes on the World Bank and IMF – harbinger of an uncertain new era of geopolitics?
US conservative blueprint for second Trump term calls for US to withdraw from World Bank and IMF, amid continued geopolitical tensions and unresolved debt crisis in Global South.
IFI governance
News
CSOs call for mandatory and meaningful consultation at the IMF
Civil society organisations call for consultation on the design of policies that significantly impact states and citizens.
Finance
News
IMF surcharges review: tinkering at the margins as crises deepen?
IMF’s surcharges review is resorting to incremental changes by reviewing the level and time base of penalty charges, instead of achieving meaningful reform
Gender
News
2024 Gender IFI Summer School
Gender IFI Summer School, brings together regional and global organisations working to advance economic justice issues, particularly from a feminist perspective, to discuss the IFIs’ impact on women’s rights and wellbeing, as well as strategies and tactics to push back.
IFI governance
News
The Bretton Woods Institutions at 80: Where do we go from here?
As the World Bank and IMF celebrate their 80th anniversary in 2024, on 10th July the Bretton Woods Project, together with the SOAS Centre for Sustainable Finance, were joined by a distinguished group of panellists to critically analyse the opportunities for, and challenges to, reforms of the BWIs and the international financial architecture more broadly.
Finance
Analysis
IMF board’s reluctance leaves Special Drawing Rights as an underused tool in Fund's toolbox
IMF board's lukewarm endorsement of SDR rechanneling through MDBs stands in stark contrast to continued calls from Global South governments for additional SDR allocations, amid growing debt crisis.
Conditionality
Commentary
Economics is political: the IMF’s programme in Egypt can’t succeed without reforming both
More debt without tackling the political sources of Egypt’s economic problems means a deepening of the crisis.