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North America

IFI governance

Analysis

Annual Meetings 2021 Preamble: IMF and World Bank face existential questions in midst of global health and climate crises

Doing Business scandal, likely conditions attached to SDR rechannelling and lack of Bank and Fund support for an intellectual property waiver for vaccines highlight links between undemocratic governance structures at Bank and Fund and the uneven recovery from the pandemic.

7 October 2021

IFI governance

Analysis

Spring Meetings 2021 wrap up: Socialism for those who can afford it, neoliberalism for the rest

As the world struggles with divergent recovery paths from the pandemic, the IMF and World Bank once again failed to take the decisive action required during the Spring Meetings.

13 April 2021

IFI governance

Analysis

Development Committee communiqué analysis - Spring 2021

Analysis of the IMF and World Bank Development Commitee communiqué published on 9 April from the 2021 World Bank and IMF virtual Spring Meetings.

13 April 2021

IFI governance

Analysis

IMFC communiqué analysis – Spring Meetings 2021

Analysis of the IMFC communiqué published on 8 April from the 2021 World Bank and IMF virtual Spring Meetings.

13 April 2021

Finance

Analysis

G20 communiqué analysis – Spring Meetings 2021

Analysis of the G20 communiqué published on 7 April from the 2021 World Bank and IMF virtual Spring Meetings.

12 April 2021

Rights

Analysis

Tip of the iceberg: How the call for SDRs reveals the urgency for deeper reforms of the global reserve system to address systemic inequalities

Renewed calls for a substantial SDR allocation raise urgency of reforming the inequitable global reserve ‘non-system’.

23 March 2021 | At Issue

Finance

Analysis

G20 debt proposal continues to favour creditors

New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.

14 December 2020

IFI governance

Analysis

Biden, the Bank and IMF: A break with ‘America first’ or its continued pursuit through multilateral means?

The world awaits to see whether Trump’s defeat will result in the end of the 'America First' approach and a democratisation of the IMF and World Bank and the multilateral system.

10 December 2020
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Other news

Finance

Background

IMF surcharges: A necessary tool or counter-productive obstacle to a just and green recovery?

This session examined the governance and  resourcing implications of the IMF's surcharges and investigated whether they are necessary or, as some states claim, discriminatory and at odds with the IMF’s stated objective of assisting member countries to protect the most vulnerable and pursue an inclusive and sustainable recovery.

6 October 2021 | Minutes

Finance

Background

Making the Most of Special Drawing Rights: Approaches to maximise impact and create a sustainable and just recovery

The session explored ways to maximise the impacts of the recent allocation of $650 billion Special Drawing Rights (SDRs), such as: the use SDRs, mechanisms for rich countries to channel more SDRs to vulnerable ones and the need and viability of a new allocation..

4 October 2021 | Minutes

Infrastructure

News

New US treasury guidance introduces limits for US support for fossil fuels at World Bank

Civil society voices concern about continued support for fossil gas under the policy.

22 September 2021

IFI governance

News

Struggle for IFC accountability for Tata Mundra continues despite landmark immunity ruling

IFC continues to avoid responsibility for its investments in Tata Mundra coal power plant as US federal court rules that harmful acts took place outside the United States.

6 October 2020

Social services

News

Malpass makes World Bank a pariah with opposition to TRIPS waiver

World Bank President comes out against temporarily waiving intellectual property rights on Covid-19 vaccines

13 July 2021

Gender

Background

Building a feminist recovery for all: Gender transformative policies are more urgent than ever

Notes from the Civil Society Policy Forum session on 1 October.

1 October 2020

IFI governance

News

US blocks IMF voting rights redistribution

Fund’s 15th review of quotas delayed as US blocks redistribution of voting rights.

12 December 2019

Accountability

News

Civil society urges US Congress to hold IFC accountable before approving capital increase

CSOs express concerns at congressional hearing about pending IFC capital increase.

12 December 2019
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