The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.
Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.
Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.
Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.
World Bank’s new report on education and Covid-19 contrasts with IFC announcement on freezing private school investments.
Analysis of this year's World Bank and IMF Spring Meetings: With international response to Covid-19 mired in geopolitical manoeuverings and resistance to systemic change, calls for alternatives grow.
This Inside the Institutions provides an overview of how the Bank’s systems are designed to operate.
World Bank Staff Association's call for permanent cancellation of Spring Meetings and its CSPF raises long-standing concerns about the need for improved civil society engagement by the Bank and Fund.
Private creditors provided with IMF backing in Argentina negotiations as country enters into default.
Joint letter to IFC chief executive officer raises questions on worker protections.
Philippe Le Houérou will depart 1 October, after joining IFC in 2015.
Database launched on Covid-19-related IMF spending to help civil society keep track of lending programmes.
World Bank board announces Inspection Panel reform package to a mixed reception
CSO framework evaluates consequences of private sector activity on right to health.
World Bank's ‘innovative’ health financing instrument proved to be slow and late.
Accountability Console provides complete database of Independent Accountability Mechanism complaints.