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.
WTO
Private Sector
Analysis
How IMF and World Bank support for financialisation undermines human rights
IMF and World Bank policies and programmes work in tandem to expand and deepen financialisation, exacerbating the inequality crisis and harming human rights, financial stability and democratic governance
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.
IFI governance
Analysis
Country positions for the London Summit
On April 2 several industrialised and emerging market economies will meet at the London summit. Slowly, the policy positions of participating countries are emerging and give an overview of what might be the outcomes of the meeting. This paper gives an overview of official standpoints of participating countries ahead of the summit on a variety of topics and, taking that into considerations, provides an overview of what is likely to be agreed on in the end.
IFI governance
Analysis
Spring Meetings 2021 wrap up: Socialism for those who can afford it, neoliberalism for the rest
As the world struggles with divergent recovery paths from the pandemic, the IMF and World Bank once again failed to take the decisive action required during the Spring Meetings.
Social services
Analysis
World Bank support for Covid-19 vaccination fails to ensure equitable access
World Bank’s Covid-19 vaccination programme contributes to global response but fails to ensure free access to vaccines and healthcare during the pandemic.
IFI governance
Analysis
Beyond the London Summit
In this paper we assess the outcomes of the London Summit and the UK government's progress towards the 12 recommendations set out by the Put People First platform in March 2009. The G20 London Summit on 2 April 2009 issued "a global plan for recovery and reform". G20 leaders have not yet gone far enough on the fundamental changes the world needs. The communique appears to have made progress on some critical issues but there were also missed opportunities, especially on building a green economy,
IFI governance
Analysis
Put People First
The global financial and economic system is in crisis. Existing economic policies and institutions have overseen an economic system scarred by high levels of poverty and inequality, which is contributing to an environmental catastrophe. This paper is the result of an unprecedented collaboration between a wide spectrum of civil society organisations in the UK with millions of members from across the nation. We call on the UK government to show its commitment to putting people first by signal
Finance
Commentary
After cannibalised globalisation
Eduardo Gudynas argues that the financial crisis reveals a profound crisis of the multilateral governing system.
IFI governance
Analysis
Bretton Woods 2: What should be on the agenda?
What roles should twenty first century international financial institutions (IFIs) play, and how should they be structured? This paper sets out some of the key issues that would need to be resolved at a second UN monetary and financial conference - a 'Bretton Woods 2' - and discusses the road ahead.
Finance
News
UK seminar: A coherent civil society response to the financial crisis
On 28 October, more than 40 representatives of NGOs, development organisations, labour unions, think tanks, academia and the media came together in London to discuss how to take forward demands for a fundamental redesign of the international financial system. The main themes for the day were about creating a system that works to improve people's live, reduce poverty, and protect the environment.
Environment
Background
Highlights of meeting with Tom Scholar and UK NGOs
Highlights of meeting between Tom Scholar and UK NGOs, December 2006
