After the IMF intensified retaliatory measures on Ghana for failing to comply with its requirements, the country now appears eager to please the Washington institution, probably at a high social cost.
Conditionality impacts
Rights
News
Bank in the middle of Cambodia, PNG forestry battles
Civil society groups in Cambodia and Papua New Guinea call on the Bank to exert its influence to curb violations of forestry codes.
Accountability
News
UK government reply to Baku-Ceyhan memo
Letter from Rt Hon Baroness Symons, UK Minister of State International Trade and Investment in response to NGO memorandum on the Baku-Ceyhan oil pipeline.
Rights
News
Cambodian catch-22
The World Bank is considering withholding funds from Cambodia in response to government moves against Global Witness, an independent monitor of the forestry sector.
Land
News
Turkey to test Fund independence
A power struggle is emerging over Turkey’s compliance with a host of proposed economic reforms included in a $16 billion IMF loan package.
Conditionality
Analysis
Indispensable or unworkable? The IMF’s new approach to conditionality
The IMF says that streamlining will make conditionality more efficient, effective and focused. Careful scrutiny suggests there is still plenty to question in the new approach.
Conditionality
News
Baku Ceyhan: IFC delay, IMF pressure
The International Finance Corporation has indicated that its decision on whether to support the controversial Baku-Ceyhan oil pipeline will be taken in the third quarter of this year, not in April as had been expected.
Conditionality
News
IMF evaluation office: too technocratic ?
Correspondence between the IEO and the Bretton Woods Project following the publication of its first report
Conditionality
News
Conditionality through the back door?
’Streamlining’ of IMF conditionality failing expectations; cross-conditionality remains and the Fund has failed to debate the macro-economic framework.
Conditionality
News
Sri Lanka rushing reforms to please IMF, WB
Sri Lanka has launched a “fast-track” legislative process to intensify economic and social reforms, in order to secure new IMF and World Bank loans.
Featured briefings
6 April 2022
The Bretton Woods Observer: Spring 2022
8 December 2021
The Bretton Woods Observer: Winter 2021
8 November 2021
IMF surveillance and climate change transition risks
New briefing by ActionAid USA and the Bretton Woods Project highlights research showing that IMF policy advice has undermined a just energy transition since the Paris Agreement was signed.