Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.
Leadership
IFI governance
News
Senior-level staff changes at World Bank and IMF
World Bank chief economist departs as key role is “eroded”, while IMF’s Georgieva makes series of high-level appointments.
IFI governance
News
IFC CEO announces planned retirement
Philippe Le Houérou will depart 1 October, after joining IFC in 2015.
IFI governance
Background
What is the ‘gentleman’s agreement’?
Leadership of the IMF and World Bank has been guided by a historical 'gentleman's agreement' between Europe and the United States. What does this agreement entail? And how could it be reformed?
IFI governance
Background
IMF and World Bank decision-making and governance
This Inside the Institutions looks at decision-making and governance structures at the IMF and World Bank.
IFI governance
Commentary
Tout change et rien change pas: Global power and IMF leadership
The present IMF leadership 'contest' makes a mockery of the institution's multilateral character and further diminishes its legitimacy.
IFI governance
Analysis
Here we go again: Surprise IMF leadership change litmus test for its legitimacy
Lagarde resignation kicks-off another leadership race overshadowed by gentleman’s agreement.
IFI governance
Analysis
The Bretton Woods Institutions and the second crisis of multilateralism
At 75, the World Bank and IMF face a crisis of multilateralism in no small part of their own making as failed economic policies have resulted in skepticism of the international order they helped to create.
IFI governance
Analysis
World Bank president selection: 'Gentleman's agreement' alive and well
World Bank's board fails to live up to commitments to open, transparent and merit-based selection process for Bank president.
IFI governance
News
World Bank appoints Independent Evaluation Group Director and Inspection Panel member
World Bank appoints Alison Evans as new IEG Director General and Ramanie Kunanayagam as Inspection Panel member
