Capital flows



World Bank’s rating obsession will negate debt justice

The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.

12 August 2020 | At Issue



What is left of the rise of the South?

While the recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, they are thus far not a rupture with the Western-dominated international financial architecture.

5 April 2016 | Guest analysis



IMF reopening case for capital controls?

An IMF policy paper on the international monetary system considers its future policy on capital controls and proposes a review of the IMF's institutional view on the liberalisation and management of capital flows.

5 April 2016



UN Financing for Development: the Fund and Bank's role & influence

This briefing analyses the role of the Bank and Fund in the UN Financing for Development negotiations.

3 July 2015 | At Issue



Financial tremors in developing countries: is another earthquake on the way?

Aldo Caliari Monetary policy changes in rich world are now starting – the reversal of…

11 April 2014



The IFIs in 2013: year in review

The Bretton Woods Project review of the most important developments at the World Bank and IMF in 2013.

8 January 2014 | Review

Private Sector


Follow the money

New Bretton Woods Project report reveals World Bank Group channelling crucial development resources to banks instead of directly investing in pro-poor projects.

10 April 2014 | Reports



IMF blames the victims as markets thow another taper tantrum

As emerging markets suffer renewed bout of financial volatility, risk of worse to come as IMF struggles to provide even-handed global policy coordination.

27 February 2014

IFI governance


Annual meetings 2013: communiqués coverage

Detailed analysis of the communiqués from the 2013 World Bank and IMF annual meetings.

12 October 2013



IMF gets emerging markets wrong, again

The Fund has had to conduct another embarrassing “U-turn” to warn of the growing risks to the stability of developing countries, while cautiously accepting the need for capital controls in principle, but not necessarily in practice.

4 October 2013