International

Illustration Observer Summer 2019

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.

30 July 2019

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.

30 July 2019 | At Issue
Flags of member nations flying at United Nations Headquarters

Conditionality

Analysis

IMF framework on social spending out of step with international standards

Fund publishes social spending strategy, civil society deems outcome too little too late.

30 July 2019 | Guest analysis

Rights

News

Landmark report finds attacks on human rights defenders in name of 'development' on the rise

World Bank and IFC identified as key funders of projects that endanger human rights defenders.

30 July 2019

Gender

News

World Bank’s women entrepreneur initiatives just “smoke and mirrors”

As We-Fi launches regional West Africa summit, feminists criticise narrow focus of women entrepreneur initiatives, while funding for women’s rights is in decline.

30 July 2019

Environment

News

IFC’s Green Equity Strategy faces set-back at Board

As climate crisis deepens, IFC’s Green Equity Strategy faces delay from World Bank’s Board, with CSO activists calling Board’s foot-dragging a ‘scandal’.

30 July 2019

IFI governance

News

Quota reform impasse likely as IMF faces legitimacy crisis

Latest Review of Quotas expected to be quashed, as US signals it will block reform.

30 July 2019

IFI governance

News

New IMF surveillance tool launched

Bretton Woods Project publishes new online tool to search IMF Article IV reports. 

30 July 2019

Social services

News

Human Rights Council resolution challenges World Bank approach to education

Abidjan Principles recognition by UN HRC states confronts World Bank privatization push in education.

30 July 2019

Finance

News

IMF and World Bank complicit in “climate debt trap” following Mozambique cyclones

International community fails to deliver on 'Loss & Damage' while poorest countries become further indebted.

30 July 2019

Accountability

News

IFC capital increase not a priority for US Congress

US Congress yet to approve World Bank’s proposed capital increase agreed in 2018.

30 July 2019

Gender

News

Civil society left unconvinced as World Bank promotes PPPs as tool for gender equality

The World Bank launches a new primer on PPPs and gender equality as civil society and women’s rights groups highlight concerns around risks and harmful impacts to gender equality and sustainable development.

30 July 2019