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Finance

Analysis

A new Bretton Woods for whom? Civil society calls for democratisation of global governance

As geopolitical tensions rise amidst worsening global economic conditions, civil society demands the democratisation of a world economic order away from the established Global North and elite capitalist hegemony.

21 July 2022

Finance

News

Highly indebted countries face further cuts to public spending to service debts, as IMF austerity bites

Debt Justice's new report highlights urgent need for international debt workout mechanisms, as countries are forced to prioritise debt payments.

21 July 2022

Trade

Background

What is the World Bank’s International Center for the Settlement of Investment Disputes (ICSID)?

New Inside the Institutions looks at the World Bank’s International Center for the Settlement of Investment Disputes (ICSID), the main forum for Investor-to-State Dispute Settlements.

18 July 2022 | Inside the institutions

Finance

News

To support the global economy, G7 should call for IMF to remove harmful surcharges

CSOs urge the G7 to take action to support debt-distressed economies by calling for the International Monetary Fund (IMF) to immediately end its harmful surcharge policy.

23 June 2022 | Letters

IFI governance

Analysis

Spring Meetings 2022 Wrap-Up: Progress on key issues side-tracked by Ukraine invasion and BWIs’ own sense of drift

Spring Meetings conclude with frantic calls for stronger multilateralism, but few advances in key issues such as Covid-19 unequal recovery, debt, inequality and climate crises, while Russia participation prevents G20, G24 and Development Committee from releasing a communique.

26 April 2022

IFI governance

Analysis

G20 press briefing analysis – Spring Meetings 2022

The G20 released a press briefing focused on the effects of Russia's war in Ukraine and the increasing need for multilateralism amidst walkouts, rising debt levels around the world, a new World Bank pandemic preparedness model, and the approval of RST and other sustainable finance models.

26 April 2022

IFI governance

Analysis

IMFC chair statement analysis – Spring Meetings 2022

The IMFC issued a chair statement in place of a communiqué. It discussed a long list of challenges with focus on fallout from Ukraine invasion and climate change.

26 April 2022

IFI governance

Analysis

V20 calls for more equitable international financial system to tackle risks posed to climate vulnerable developing countries

The communiqué for the V20 highlighted multitude of crises facing climate-vulnerable developing countries, with continuing challenges posed by the Covid-19 pandemic and unequally felt climate change impacts now being exacerbated by the spillover effects from the Ukraine war.

26 April 2022
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Other news

Finance

Analysis

Our world in 2020

As the Covid-19 pandemic exacerbated and helped reveal pre-existing injustices and structural flaws in the global economy - and the IMF and World Bank proved unable to reverse course on broke policy prescriptions - calls for reforming the international financial and development architecture gained strength. 

22 February 2021

Finance

Background

Taxing to Develop: International Taxation Challenges for Africa

Notes from the IMF and World Bank 2019 Spring Meetings official session on 14 April on international taxation challenges in Africa. 

18 April 2019 | Minutes

Finance

News

Argentina increases offer to bondholders after IMF claims “room for improvement”

Private creditors provided with IMF backing in Argentina negotiations as country enters into default.

16 July 2020

Private Sector

News

CSOs call on World Bank to halt its aggressive support of PPPs

152 CSOs call demand World Bank halt its aggressive support of PPPs, publicaly recognise their significant risks.

6 December 2017

Infrastructure

Background

Sustainable Infrastructure: Aligning with Rights and the SDGs

Notes from the Civil Society Policy Forum event on 10 April, which looked at sustainable infrastructure from fiscal, rights and climate lenses.

17 April 2019 | Minutes

Finance

Background

Taxes, Taxes, Taxes: Shifting the IFI Narrative to Progressive Gender-just Taxation

Notes from the Civil Society Policy Forum session on 12 April on the changing international tax landscape from a feminist perspective and challenging IFIs’ role in shaping it at the World Bank and IMF's 2019 Spring Meetings.

16 April 2019 | Minutes

Social services

Background

PPP civil society strategy session

Notes from a PPP civil society strategy session taking place during the week of the World Bank/IMF annual meetings 2016.

4 October 2016 | Minutes

Finance

Background

Global Infrastructure Forum: Perspectives from new development finance institutions

Notes from a side event at the inaugural Global Infrastructure Forum, during the World Bank/IMF 2016 spring meetings, discussing the role of the new development finance institutions, the Asian Infrastructure Investment Bank and the New Development Bank.

18 April 2016 | Minutes
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