As the IMF initiates negotiations with Tunisia, concerns have been expressed that renewed reforms will not be inclusive or target deep-seated economic and social issues.
Conditionality impacts
Conditionality
News
New BWP report on the IMF in MENA region
BWP report finds few signs of IMF policy-change in the MENA region post 2011.
Conditionality
News
IMF rule-change sustains lending to Ukraine
The IMF has changed its long-standing rule on lending to countries in arrears to official creditors, thereby avoiding having to cancel its $17.5 billion loan programme to Ukraine.
Conditionality
Analysis
Infographic: IMF Policy in the MENA Region
The more things change the more they stay the same... Infographic illustrates findings of new report on IMF Policy in the MENA Region.
Conditionality
Analysis
IMF policy in the MENA region: Lessons unlearnt
New report reveals IMF policy in the MENA region has remained unchanged after the 2011 Arab uprising, despite its rhetoric for change towards inclusive growth.
Conditionality
Analysis
Greece: IMF fails to learn own "lesson on the economic impact of austerity”
IMF has been criticised for undermining negotiations between Greece and other creditors and ignoring the results of a democratic referendum.
Finance
Analysis
Greece should default on its IMF loans
Bodo Ellmers of Eurodad argues that, should the IMF not get repaid by Greece, it could finally shock the institution from being a “political puppet” into an effective crisis response instrument.
Conditionality
Analysis
IMF in Greece: a “slush fund” for “its political masters”
As Greece agrees a loan extension which excludes an IMF contribution, commentators condemn the impact of IMF's previous loan conditionalities on the Greek economy.
Finance
News
The IMF’s newest bailout in Ghana
The IMF and Ghana have reached a long-anticipated loan agreement.
Conditionality
News
IMF moved on from structural adjustment?
Concerns in existing and prospective borrower states about the appropriateness and efficacy of IMF-sanctioned reforms under lending and precautionary agreements.
Featured briefings
4 October 2023
The Bretton Woods Observer: Autumn 2023
3 October 2023
Assessing the Bretton Woods Institutions’ legacy
New collection of critical essays by authors from MENA and Sub-Saharan Africa do a retrospective of the BWIs involvement in the region, and the legacy of BWIs-supported unjust and extractionist world economic order.
2 October 2023
Reconceptualising Special Drawing Rights as a tool for development finance
Briefing examines the shortcomings of the current SDRs allocation system and calls to reform SDRs to ensure their targeted, needs-based and equitable distribution.