IMF’s new report looking at the impact of the $650 billion SDR allocation in 2021 talks about the benefits of the allocation for the global economy but fails to address the scale of the polycrisis.
International Monetary Fund (IMF)
Finance
Analysis
Debt sustainability assessment reform essential to address retrogression of international human rights
Recent reports outlining the extensive negative human rights impacts of debt and austerity further evidence the urgency of the need for the IMF and World Bank to go beyond financial sustainability in debt sustainability analysis.
Social services
News
Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favour of ineffective targeting schemes
Sri Lankan trade unions call out IMF and World Bank's dismantling of country’s social protection system in favor of ineffective targeting schemes.
Finance
News
Biden administration signals additional funding for World Bank and IMF
New financing for the IMF and World Bank proposed by the US will not fix the flawed private sector development paradigm that burdens Global South economies with debt.
Finance
News
IMF acknowledges capital controls have helped Argentine economy
IMF research acknowledges measures to restrict capital outflows introduced in 2019 contributed to Argentina meeting the performance criteria for the Fund’s Extended Fund Facility.
Gender
News
2023 Gender IFI Summer School
[no_toc] Click on each video thumbnail to access the recording: Session 1: World Bank &…
Finance
Analysis
Assessing the Bretton Woods Institutions’ legacy
New collection of critical essays by authors from MENA and Sub-Saharan Africa do a retrospective of the BWIs involvement in the region, and the legacy of BWIs-supported unjust and extractionist world economic order.
Finance
Analysis
Reconceptualising Special Drawing Rights as a tool for development finance
Briefing examines the shortcomings of the current SDRs allocation system and calls to reform SDRs to ensure their targeted, needs-based and equitable distribution.
Private Sector
Analysis
Financialisation and human rights in the Middle East and North Africa
This briefing explains how the IMF and World Bank have driven the financialisation of MENA states, and the pervasive negative effects this has had on the region’s societies and economies.
Environment
Background
Job opening: Bretton Woods Project seeks Environment Project Officer (closed)
BWP is now accepting applications for the new role of Environment Project Officer, which will support the Project's advocacy and research on the Bretton Woods Institutions' climate-related policies.
Accountability
News
UDHR and IPN anniversaries underscore urgent need for Human Rights policy at all IFIs
World Bank and IMF shareholders must use the anniversaries of the Inspection Panel and the Universal Declaration of Human Rights respectively to demand both establish human rights policies and meet their international obligation to provide remedy
Finance
Commentary
Financial liberalisation, capital controls and development in Africa: The case of Uganda
Financial liberation has had a significant effect on Uganda’s economy opening the door for significant foreign ownership while facilitating the ongoing extraction of wealth.
