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.
War in Ukraine will have significant spillover effects as Global South continues to carry the burden of vaccine inequity. Debt, austerity and evolving food crisis key talking points of Meetings while unequal recovery, gender, RST and surcharges key issues at CSPF.
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
IMF's position on capital controls must be revised to recognise that they are an essential and permanent macroeconomic tool necessary to increase countries' policy autonomy and enable them to act counter-cyclically and to prevent future debt crises.
UN official and civil society criticise World Bank and other MDBs for lack of ambition at COP26.
The Development Committee communiqué was published on 15 October. It acknowledged an uneven and uncertain path to recovery, while it kept silent on the need for a TRIPS waiver of the Covid-19 vaccines and said little about the IMF’s new $650 billion allocation of SDRs.
Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.
G20 offers sanguine tone on the global health and debt crises, failing to address issues related to vaccines and private creditors.
BWP is pleased to welcome Friederike Strub as our Gender Equality and Macroeconomics Lead and Amy McShane as Gender Project Officer.
Civil society day of action rejects corporate agenda and greenwashing in World Bank and IMF Covid-19 recovery.
Private sector first approach intact in IDA20 replenishment despite CSO recommendations.
Civil society voices concern about continued support for fossil gas under the policy.
Notes from the Civil Society Policy Forum session on 29 September on the implications and shortcomings of how Development Policy Financing nudges countries towards policy reforms.
Notes from the Civil Society Policy Forum session on 7 October on IDA20's replenishment implications with a focus on Africa.
Notes from the Civil Society Policy Forum session on 8 October on the need for the World Bank to better address economic gender inequality in conflict-affected countries.
Notes from the Civil Society Policy Forum session on 6 October on the World Bank's need to highlight the centrality of public healthcare systems, central to a just and equitable recovery.