As the World Bank and IMF celebrate their 80th anniversary in 2024, on 10th July the Bretton Woods Project, together with the SOAS Centre for Sustainable Finance, were joined by a distinguished group of panellists to critically analyse the opportunities for, and challenges to, reforms of the BWIs and the international financial architecture more broadly.
IMF board's lukewarm endorsement of SDR rechanneling through MDBs stands in stark contrast to continued calls from Global South governments for additional SDR allocations, amid growing debt crisis.
Understanding the Bank’s chequered history with public, community and civil society participation is key for understanding what is at stake and what to do next.
The IMF’s surcharges review presents a golden opportunity to eliminate these harmful and counterproductive fees.
Gender Guidance note offers non-mandatory advice to staff on mainstreaming gender but integration of existing in-depth critiques from feminists and civil society needed to tackle gender inequality is missing.
The unfolding debt crisis threatens IDA’s support for 75 low-income countries, without replenishment of grant resources.
This Inside the Institutions explores the International Finance Corporation (IFC), the World Bank Group’s private sector arm. It examines the function of the IFC as a development institution focused solely on private sector solutions to development and considers civil society critiques.
New seed law will benefit agribusiness but infringe on farmers’ rights to share and reuse their own seeds, which will undermine food security in a country where smallholder farmers grow most of the country’s staple food.
Tara will continue the work of the gender team in advocacy targeting the IMF and the World Bank.
Join us on Wednesday 12th June for the webinar: A way out for IMF reform where we will be discussing the outcome of IMF’s 16th Quota Review and explore the future prospects for governance reform.
New paper analyses the IMF 16th Quota Review and identifies key governance reforms feasible in the current economic and geopolitical context.
In the absence of a G20 Communiqué or Chair statement, Brazilian minister of finance, head of the central bank and other senior officials took questions at a short press conference, with discussion focused on the impact of continued restrictive US monetary policy on the global debt and development finance and the need for more responsive and better capitalised MDBs.
At the 80th anniversary of the World Bank and IMF, global civil society must maintain pressure on the Brazilian and South African G20 presidencies to ensure the forth Financing for Development Conference in 2025 results in urgently required international financial architecture reform.
Multilateral development banks can reduce their dependence on hard currency lending and make local currency financing a central element of their developmental mandate.
