Global architecture

Finance

Analysis

A new Bretton Woods for whom? Civil society calls for democratisation of global governance

As geopolitical tensions rise amidst worsening global economic conditions, civil society demands the democratisation of a world economic order away from the established Global North and elite capitalist hegemony.

21 July 2022

IFI governance

Analysis

Spring Meetings 2022 Preamble: War in Ukraine risks deepening divergent recovery as World Bank and IMF prepare for Spring Meetings

War in Ukraine will have significant spillover effects as Global South continues to carry the burden of vaccine inequity. Debt, austerity and evolving food crisis key talking points of Meetings while unequal recovery, gender, RST and surcharges key issues at CSPF.

14 April 2022

Finance

News

IMF capital control review: A missed opportunity to support a just recovery and stability

IMF review of institutional view on capital controls disappoints as it largely maintains the policy framework of its predecessor

6 April 2022

Finance

News

Argentine civil society denounces new IMF agreement as illegitimate

Civil society rejects new Agreement arguing IMF loan will be used to pay odious debt and result in reforms damaging to human rights.

6 April 2022

Finance

Analysis

Our World in 2021

While the Bank stressed the need for a recovery based on Green, Resilient and Inclusive Development and the IMF highlighted its concerns about the divergent paths of the global recovery in 2021, both continued to support largely unreformed policies.

2 March 2022 | Annual report (BWP)

IFI governance

Analysis

Annual Meetings 2021 Preamble: IMF and World Bank face existential questions in midst of global health and climate crises

Doing Business scandal, likely conditions attached to SDR rechannelling and lack of Bank and Fund support for an intellectual property waiver for vaccines highlight links between undemocratic governance structures at Bank and Fund and the uneven recovery from the pandemic.

7 October 2021

Finance

News

Civil society frustrated by lack of substantive engagement in IDA20 replenishment process

Private sector first approach intact in IDA20 replenishment despite CSO recommendations.

9 December 2021

Finance

Background

What are Special Drawing Rights (SDRs)?

This Inside the Institutions looks at the IMF’s Special Drawing Rights, including their history and usage, with a focus on the latest allocation, which accounts for 69 per cent of the SDRs ever disbursed.

9 December 2021 | Inside the institutions

IFI governance

Background

IMF surcharges: A necessary tool or counter-productive obstacle to a just and green recovery?

Notes from the Civil Society Policy Forum session on 6 October on the governance and resourcing implications of IMF's surcharges.

6 October 2021 | Minutes

IFI governance

Background

Making the Most of Special Drawing Rights: Approaches to maximise impact and create a sustainable and just recovery

Notes from the Civil Society Policy Forum session on 4 October on the ways to maximise the impacts of the recent allocation of $650 billion Special Drawing Rights.

4 October 2021 | Minutes