New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
Analysis of the Development Committee communiqué published on 16 October from the 2020 World Bank and IMF virtual Annual Meetings.
Amidst multiple financial and economic crises, a classic IMF intervention in Lebanon could exacerbate inequalities and social tensions.
As G20 gears up to take critical decisions on international financial response to Covid-19, the consequences of overly rosy IMF forecasts are potentially more costly than ever.
Notes from the virtual Civil Society Policy Forum 28 September Session at the IMF and World Bank 2020 Annual Meetings on Covid-19 and debt.
Private creditors provided with IMF backing in Argentina negotiations as country enters into default.
The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.
Argentina’s strategy to increase fossil fuel exports to ease debt burden ignores need for increased state investments and climate commitments.
25 years after Beijing Declaration, austerity and privatisation still modus operandi of Bretton Woods Institutions at the cost of women's rights.
Effectiveness of IMF’s approach questioned, as Argentina undergoes technical default.