Debt

Finance

Analysis

G20 debt proposal continues to favour creditors

New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.

14 December 2020

IFI governance

Analysis

Development Committee communiqué analysis – Annual Meetings 2020

Analysis of the Development Committee communiqué published on 16 October from the 2020 World Bank and IMF virtual Annual Meetings.

21 October 2020

Conditionality

Commentary

An IMF bailout for Lebanon can make things worse

Amidst multiple financial and economic crises, a classic IMF intervention in Lebanon could exacerbate inequalities and social tensions.

6 October 2020 | Guest comment

Finance

Analysis

Over optimistic IMF forecasts risk dire consequences for Covid-19 response

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.

6 October 2020

Finance

Background

Covid-19 and debt: Going beyond debt suspension towards a systemic response to debt crises

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.

28 September 2020 | Minutes

Finance

News

Argentina increases offer to bondholders after IMF claims “room for improvement”

Private creditors provided with IMF backing in Argentina negotiations as country enters into default.

16 July 2020

Finance

Analysis

World Bank’s rating obsession will negate debt justice

The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.

12 August 2020 | At Issue
A fracking well in Vaca Muerta, Argentina.

Finance

Analysis

Fracking’s false hope: Why fossil fuels won’t help to repay Argentina’s national debt

Argentina’s strategy to increase fossil fuel exports to ease debt burden ignores need for increased state investments and climate commitments.

7 April 2020 | At Issue

Finance

Analysis

World Bank and IMF response to debt crisis undermines women’s rights

25 years after Beijing Declaration, austerity and privatisation still modus operandi of Bretton Woods Institutions at the cost of women's rights.

7 April 2020 | Guest analysis

Finance

News

Why did the IMF fail to take pre-emptive measures in Argentina?

Effectiveness of IMF’s approach questioned, as Argentina undergoes technical default.

3 October 2019