Analysis of the IMFC communiqué published on 8 April from the 2021 World Bank and IMF virtual Spring Meetings.
Debt
Finance
Background
Special Drawing Rights as a sustainable option for financing fight against COVID-19 and economic recovery in Africa
Notes from the Spring 2021 Civil Society Policy Forum session on 1 April.
Finance
Background
Showcasing the impact of debt in poor countries and a proposal for fair and green recovery financing
Notes from the Civil Society Policy Forum session on 29 March.
Finance
News
IMF debt sustainability review lacking in ambition and transparency
New methodology fails to meet long-standing civil society calls to put needs of people before debt service.
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.
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.
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.
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.
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.
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.
