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International

Finance

Analysis

World Bank’s rating obsession will negate debt justice

The international financial system’s reliance upon credit ratings – usually based on dubious premises – needs urgent rethinking.

12 August 2020 | At Issue

Finance

Analysis

The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?

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.

16 July 2020

Rights

Analysis

Fears of lawsuits at World Bank’s tribunal constrain efforts to fight pandemic

Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.

16 July 2020

IFI governance

News

“Godmother of austerity” appointment to World Bank chief economist post

Carmen Reinhart, co-author of influential 2010 pro-austerity paper, named to key post.

16 July 2020
Kasimba Prinary School, Mpanda District, Katavi Region, Tanzania. August 2019.

Social services

News

The World Bank, Covid-19 and public education: two steps forward one step back

World Bank’s new report on education and Covid-19 contrasts with IFC announcement on freezing private school investments.

16 July 2020

IFI governance

Analysis

Spring Meetings 2020 wrap-up: Will this change everything? Apparently not…

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.

21 April 2020

Knowledge

Background

The World Bank: What it is and how it operates

This Inside the Institutions provides an overview of how the Bank’s systems are designed to operate.

16 July 2020 | Inside the institutions

IFI governance

Analysis

Fears of shrinking civil society space as World Bank Staff Association calls for axing of Spring Meetings

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.

21 April 2020
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Other news

Finance

News

Argentina increases offer to bondholders after IMF claims “room for improvement”

Private creditors provided with IMF backing in Argentina negotiations as country enters into default.

16 July 2020

Rights

News

Concerns over labour rights resurface in IFC's Covid-19 response

Joint letter to IFC chief executive officer raises questions on worker protections.

16 July 2020

IFI governance

News

IFC CEO announces planned retirement

Philippe Le Houérou will depart 1 October, after joining IFC in 2015.

16 July 2020

Finance

News

IMF watchdog releases Covid-19 tracker

Database launched on Covid-19-related IMF spending to help civil society keep track of lending programmes.

16 July 2020

Accountability

News

Long-awaited accountability reforms announced by World Bank board

World Bank board announces Inspection Panel reform package to a mixed reception

7 April 2020

Rights

News

Civil society launches framework to assess human rights impact of health privatisation

CSO framework evaluates consequences of private sector activity on right to health.

7 April 2020

Finance

News

World Bank pandemic bond instrument fails in COVID-19 response

World Bank's ‘innovative’ health financing instrument proved to be slow and late.

7 April 2020

IFI governance

News

Accountability Counsel launches key tool for accountability community

Accountability Console provides complete database of Independent Accountability Mechanism complaints.

12 December 2019
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