More than 140 CSO groups and individuals call on the World Bank to focus on grappling with the harms caused by its undemocratic governance structure and biased publications like the Doing Business Report, and to take measures to decolonise the institution.
IMF announces leadership changes as Gita Gopinath promoted to First Deputy Managing Director, Pierre-Olivier Gourinchas named Chief Economist, and Nadia Calviño heads IMFC.
World Bank President comes out against temporarily waiving intellectual property rights on Covid-19 vaccines
Analysis of the IMFC communiqué, issues on 15 October, from the 2020 World Bank and IMF virtual Annual Meetings.
New IFC head will lead implementation of IFC 3.0.
IFC and CAO will undergo changes in leadership at a pivotal time for both institutions, with merit-based selection of new leaders essential.
Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.
World Bank chief economist departs as key role is “eroded”, while IMF’s Georgieva makes series of high-level appointments.
Philippe Le Houérou will depart 1 October, after joining IFC in 2015.
This Inside the Institutions looks at decision-making and governance structures at the IMF and World Bank.