IMF conditionalities attached to loans to Liberia, Sierra Leone and Guinea drained health services, damaging countries’ ability to handle the recent Ebola crisis.
Conditionality impacts
Conditionality
Commentary
The Arab world’s subsidy nightmare: pondering alternatives
For decades, the Arab region has embarked on a series of IMF-prescribed energy subsidy reforms, which have contributed to increased poverty levels.
Finance
News
IMF augments new lending facilities after earlier reviews
An IMF review of three new lending facilities has resulted in only "cosmetic" changes critics say.
Conditionality
News
World Bank criticised for rejecting Doing Business reform
In response to the World Bank’s rejection of significant reform to its revised Doing Business Report methodology, civil society organisations wrote a letter in July to Bank president Jim Yong Kim.
Conditionality
Analysis
IMF: Ukraine's "tough programme"; Egypt next?
The IMF’s provision of an exceptional access loan to Ukraine was presented as vital economic support, but many commentators fear that this loan is driven as much by political as economic necessity. Despite emphasising increased sensitivity to country circumstances, Fund policy recommendations in Egypt are very similar to its prescriptions for Ukraine.
Knowledge
News
Business as usual: World Bank rejects Doing Business reforms
World Bank publishes minor changes to its Doing Business report, addressing only one of the criticisms of an independent panel review while activists continue to highlight the damage done by the rankings.
Finance
News
Ghana under pressure: IMF loan feared
Fierce debate in Ghana over whether to turn to the IMF for support, as its economic growth and debt profile come under pressure. IMF warns on risks to Ghana’s “transformation agenda” and whole region’s debt levels and growth
Conditionality
Commentary
Conditionally yours
New analysis reveals the IMF’s increasing use of controversial conditions attached to loans.
Finance
News
Argentina's creditors accused of “vulture-like behaviour”
Argentina has agreed a deal with its Paris Club creditors, which have been accused of aggressive behaviour in demanding repayment of double the original debt.
Conditionality
Background
Reforming IMF conditionality. Where do we stand?
12 April 2014 Notes provided by Jeroen Kwakkenboes, Eurodad Sponsors: Arab NGO Network for Development…
Featured briefings
12 December 2024
The Bretton Woods Observer: Winter 2024
12 December 2024
Missing in action: accountability is noticeably absent from the World Bank Group’s new Corporate Scorecard
The Corporate Scorecard’s accountability gap is symptomatic of a broader failure on the part of the WBG to fully internalise, integrate and learn from the work of its accountability mechanisms.
16 October 2024