Capital flows

Finance

News

IMF changing its mantra?

After four decades of promoting policies of targeting very low inflation rates and unfettered capital flows, the global financial crisis has prompted new debate over IMF ideology.

15 April 2010

Finance

News

IMF pours cold water on monetary reform

As academia and NGOs call for reform of the international financial architecture, the international monetary system is the focus of scrutiny. Support for capital controls and a financial transaction tax has met resistance from the IMF.

20 November 2009

Finance

Background

Report launch: Post-crisis growth in developing countries

Growth commission event in Istanbul.

4 October 2009 | Minutes

IFI governance

News

G20 versus UN: the battle continues

The future of international economic governance and financial reform is still being debated separately at the United Nations and the G20, but little progress is being made.

22 September 2009

Finance

Analysis

IMF conditions stoke controversy, prompt strikes

The IMF's loans across Europe, from Iceland to Romania are stoking deep controversy and protest. Resistance is building from civil society aganist the austerity benig imposed.

22 September 2009

Finance

Commentary

Hungary and the IMF: indebted future

In Hungary, the IMF seems to be modestly improving its flexibility and conditionality compared to its dreadful practices in previous decades. However, a still distinctively neoliberal vision of how economies work is in play attributable as much to the Hungarian government as to the IMF. The deficits of democracy and poor economic governance in Hungary make our indebted future increasingly bleak.

10 July 2009 | Guest comment

IFI governance

News

Evaluation: IMF trade policy advice biased

An evaluation by the IMF's Independent Evaluation Office finds that the IMF's trade policy work between 1996 and 2007 had patchy effectiveness, was "not evenhanded" and has "diminished credibility of IMF independence".

10 July 2009

Finance

News

International monetary reform: IMF not in the game

The financial crisis has reinvigorated discussion of exchange rate management and reform of the monetary system, but lack of progress at international forums like the IMF means change is only happening at the regional and bilateral level.

10 July 2009

IFI governance

News

Economic crisis: rich countries block reform at UN summit

The first major conference on the financial and economic crisis to involve all countries ended with rich countries blocking substantive reforms demanded by developing countries. The UN conference did however push key issues up the international agenda, such as the need for a better system of international reserves, and for genuine policy space for developing countries.

26 June 2009