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Ecuador

Finance

Analysis

Against regressive taxes and austerity: IMF and World Bank must pivot tax policies to support a just and green transition

This year, 85 per cent of the world’s population lives under austerity measures, while multinational enterprises and the wealthy have benefited from privileged tax structures and regressivity, allowing inequality to widen.

5 April 2023 | Guest analysis

Private Sector

News

World Bank’s financial inclusion agenda blind to growing gendered over-indebtedness

The World Bank’s financial inclusion agenda in time of cost-of-living crisis, austerity and financialisation promotes indebtedness of the poor, especially women.

5 April 2023

IFI governance

Analysis

Spring Meetings 2022 Wrap-Up: Progress on key issues side-tracked by Ukraine invasion and BWIs’ own sense of drift

Spring Meetings conclude with frantic calls for stronger multilateralism, but few advances in key issues such as Covid-19 unequal recovery, debt, inequality and climate crises, while Russia participation prevents G20, G24 and Development Committee from releasing a communique.

26 April 2022

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.

9 December 2021

Finance

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.

29 September 2021 | Briefings

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.

13 July 2021

Finance

News

IMF's continued VAT push inconsistent with rhetoric on progressive taxes

As the IMF celebrates the rise of VAT, women and those least able to pay are left behind in worsening inequality crisis.

10 December 2020

Conditionality

News

Civil society raises alarm about IMF’s continued backing of austerity amidst pandemic

Egypt, Ukraine, South Africa and Ecuador have recently signed IMF loan programmes that involve severe austerity measures.

6 October 2020
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Other news

Gender

Background

Cutting to the core: Rethinking the IMF’s way of doing business to tackle gender inequalities

Notes from the Civil Society Policy Forum panel event on 17 October on the IMF’s approach to gender.

28 October 2019 | Minutes

Private Sector

News

World Bank arbitration mechanism ICSID rules in favour of El Salvador

ICSID, a World Bank arm for investor-state dispute arbitration, ruled that the $250 million case brought by Pac Rim Cayman against El Salvador in 2009 was without merit.

31 January 2017

IFI governance

Background

After SCOTUS: Next steps in sovereign debt restructuring

Notes of a meeting on sovereign debt restructuring after SCOTUS at the World Bank-IMF annual meetings 2014

9 October 2014

IFI governance

Background

Comparative analysis of social and environmental safeguards in IFIs

Notes of a meeting on comparative analysis of social and environmental safeguards in IFIs at the World Bank-IMF annual meetings 2014

8 October 2014

IFI governance

News

Ecuador turfs out IMF representative

Following its expulsion of the World Bank’s country representative, Ecuador has now thrown the IMF’s resident representative out of the offices of the Central Bank.

5 October 2007

Conditionality

News

Ecuador, Philippines repay IMF debt

Newly elected Ecuadorean president Rafael Correa, announced in January that he would make early repayments of his country’s $33 million debt to the IMF.

31 January 2007

Finance

News

Ecuador stands ground

Ecuador's new president has claimed he will not back down on oil revenues

13 June 2005

Environment

News

Bank under fire on oil, gas and mining

Ecuadorean NGO DECOIN has expressed outrage at the findings of a report on a World Bank funded mining project in Ecuador.

10 September 2001
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