We are writing to raise our concerns about the limited nature of the quota reform of the International Monetary Fund (IMF) currently under discussion, and to urge you to push for more meaningful changes to IMF governance.
Voting rights
Accountability
Background
Meeting of UK NGOs and Susanna Moorehead, UK Executive Director to the World Bank, and Rachel Turner
Notes of the meeting
IFI governance
News
Governments agree $86.2 billion boost to World Bank capital
Shareholder governments have agreed an $86.2 billion boost to the capital that guarantees the lending of the International Bank for Reconstruction and Development (IBRD, the World Bank's middle-income country lending arm).
IFI governance
News
IFI governance reform freezing over?
An in-depth analysis of the latest round of World Bank reforms shows they delivered significantly less than proclaimed, while IMF governance reforms, slated to conclude in January 2011, are proceeding slowly and promising only minor changes.
IFI governance
Analysis
IMF mandate needs fundamental rethink
The IMF needs to fundamentally rethink its role, and return closer to its original purpose, focussing on three key areas: reform of the international monetary system; surveillance over the policies of systemically important countries; and providing rapid access, conditionality-free finance to countries facing crisis.
IFI governance
Analysis
Analysis of World Bank voting reforms
The World Bank will continue to be overwhelmingly dominated by rich countries, which stunts its legitimacy and limits its capacity to serve the interests of developing countries.
IFI governance
News
Spring meetings 2010: communiqués coverage
Coverage of the communiqu
Infrastructure
Background
Roundtable on post-crisis economic recovery
World Bank event at the World Bank spring meetings 2010, 22 April
IFI governance
News
DFID annual report on World Bank spots weaknesses
In March, the UK Department for International Development (DFID) released its second annual report reviewing its work with the Bank and setting priorities for 2010.
IFI governance
News
IMF appoints Chinese senior advisor
In February, Zhu Min, former vice president of the People's Bank of China, was appointed as a special advisor to IMF managing director, Dominique Strauss-Kahn. Speculation that Strauss-Kahn is to leave in order to stand for the French presidency is rife.
Featured briefings
27 September 2023
Financialisation and human rights in the Middle East and North Africa
This briefing explains how the IMF and World Bank have driven the financialisation of MENA states, and the pervasive negative effects this has had on the region’s societies and economies.
19 July 2023
The Bretton Woods Observer: Summer 2023
3 July 2023
Civil Society calls for rethink of World Bank’s ‘evolution roadmap’ as part of wider reforms to highly unequal global financial architecture
Joint civil society briefing paper highlights concerns with the World Bank’s Evolution Roadmap, and provides a series of recommendations for a Roadmap that prioritises people, participation and the planet over profit and economic growth.