Amidst multiple financial and economic crises, a classic IMF intervention in Lebanon could exacerbate inequalities and social tensions.
Debt
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
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.
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.
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.
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.
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.
Finance
News
IMF and World Bank complicit in “climate debt trap” following Mozambique cyclones
International community fails to deliver on 'Loss & Damage' while poorest countries become further indebted.
Finance
Analysis
Debt and gender equality: How debt-servicing conditions harm women in Africa
As debt crises across the African continent continue to soar, concerns are raised about the gendered impact of debt-servicing conditions imposed by international financial institutions.
Featured briefings
6 April 2023
World Bank and IMF Spring Meetings 2023
5 April 2023
The IMF at the 75th anniversary of the Universal Declaration of Human Rights: The need for governance reform
As the world celebrates the 75th anniversary of the Universal Declaration of Human Rights, it is time the IMF’s shareholders use the opportunities provided by the anniversary and growing calls for reforms to the international financial architecture to redesign the IMF’s governance structures and programmes to ensure they are consistent with the commitments outlined in 1948 and with international human rights law.
5 April 2023
The global financial architecture and the international debt crisis: An urgent call for reform
Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.