World Bank and Inter-American Development Bank's reactive independent accountability mechanisms cannot address harms caused by lack of proper due diligence in Alto Maipo.
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Latin America & Caribbean
IFI governance
News
Independent Evaluation Office downplays IMF’s promotion of austerity whilst civil society warns of further cuts
Concerns over excessive austerity waved away, despite IEO admission that protection of low-income and vulnerable groups had fallen short.
Finance
News
IMF’s punishing surcharges strain Covid-19 response and recovery efforts
Civil society and economists unite in calls for IMF to abolish unethical and harmful surcharges on member countries that undermine financial stability and Covid-19 recovery.
Gender
Analysis
Learning lessons from the Covid-19 pandemic: The World Bank’s macroeconomic policies and women’s rights
This briefing argues that the Bank’s current framework for analysing the impacts of its macroeconomic policy advice on gender equality are insufficient.
Finance
News
Time for action: How can IMF help countries use their SDRs for crisis recovery?
If the Special Drawing Rights allocation is to benefit the poorest and most vulnerable, decision makers must use SDRs to respond to the pandemic and its economic consequences.
Finance
Analysis
Democratic deficit: The IMF, Ecuador, and central bank independence
IMF's continued push for central bank independence criticised as undemocratic, unequal and for curtailing countries' capacity to respond to the pandemic.
Finance
Analysis
Economic stability with social instability: The IMF and austerity protests in Colombia
Mario Valencia of Latindadd explains the context of ongoing protests in Colombia following proposed tax increases from the IMF.
Gender
Analysis
Latest IMF gender research: Making the economy work for women, or women work for the economy?
IMF gender research direction shifts away from macroeconomic drivers of gender inequality.
Other news
Finance
News
IMF takes steps to control cryptocurrency policies
Fund warns cryptocurrencies are a threat to global financial stability as El Salvador makes Bitcoin legal tender.
Finance
News
Tensions escalate between Argentina and the IMF ahead of crucial loan repayment deadline
Controversial loan from IMF could force country into severe spending cuts.
IFI governance
Background
IMF surcharges: A necessary tool or counter-productive obstacle to a just and green recovery?
Notes from the Civil Society Policy Forum session on 6 October on the governance and resourcing implications of IMF's surcharges.
Social services
Background
Education financing to reach the most marginalised: Challenges and solutions during COVID-19 response and recovery
Notes from the virtual Civil Society Policy Forum session on 31 March 2021.
Finance
Background
Development Policy Finance: Critical concerns surrounding accountability and outcomes for people and the climate
Notes from the Civil Society Policy Forum session on 26 March.
Private Sector
Background
An economic future for whom? The Cascade/MFD and recovery
Notes from the virtual Spring 2021 Civil Society Policy Forum on 25 March 2021.
Finance
Background
A People’s Recovery: Ensuring progressive fiscal measures for a feminist and just pandemic recovery
Notes from the Civil Society Policy Forum session on 24 March.
Finance
News
New Bolivian government returns “irregular and onerous” IMF loan
Government states that $346 million loan jeopardised “the country’s sovereignty and economic interests.”
