The global financial and economic system is in crisis. Existing economic policies and institutions have overseen an economic system scarred by high levels of poverty and inequality, which is contributing to an environmental catastrophe. This paper is the result of an unprecedented collaboration between a wide spectrum of civil society organisations in the UK with millions of members from across the nation. We call on the UK government to show its commitment to putting people first by signal
United Kingdom
IFI governance
News
IFC accountability: alright in theory
According to the 2008 Global Accountability Report, written by UK NGO the One World Trust, the International Finance Corporation (IFC) scores well compared to other international institutions on its accountability policies.
News
Thank you for your support!
Following our appeal for assistance in Update 63, we would like to thank those readers who made donations. Your generosity is crucial for the survival of the Project, especially in the current economic climate.
IFI governance
Analysis
Bretton Woods 2: What should be on the agenda?
What roles should twenty first century international financial institutions (IFIs) play, and how should they be structured? This paper sets out some of the key issues that would need to be resolved at a second UN monetary and financial conference - a 'Bretton Woods 2' - and discusses the road ahead.
IFI governance
News
Overhaul of international institutions
The IFIs are gaining prominence but also attracting renewed criticism. In a series of articles we cover the political response to the financial crisis, the IMF's lending, the World Bank's boost in lending and proposals for reform of the international architecture.
Conditionality
News
Will IMF loans hurt the poor this time around?
While the IMF undertakes high-speed reviews into its lending instruments and conditionality, it continues to make crisis loans with heavy conditionality that may adversely impact the poor in developing countries.
IFI governance
News
Official political processes to reform the international financial architecture
Latest political actions by countries and organisations to reform the international financial architecture in the light of the current financial crisis. This includes actions by the G20, the United Nations, and others.
Environment
News
Inadequate implementation of IFC standards
Two new resources have been released by the Forest Peoples Programme.
Background
Your support of the Bretton Woods Project is crucial
With the system of global economic governance in crisis, there has never been a more crucial time for the Bretton Woods Project to work for change that puts poverty, human rights and the environment at its heart.
News
Ama Marston joins the project
We are delighted to welcome Ama Marston as our new policy officer, taking over from Lucy Baker, who has gone to do her PhD at the University of East Anglia.
Finance
News
Letter to the Prime Minister urging him to radically rewrite global financial rules
This letter was sent to Gordon Brown, prior to the 15 November summit, by a UK coalition of 24 of the most influential trade unions, development charities, environmental groups and religious leaders. It urges on him to put people and the environment at the heart of the international economic system and push key economic and institutional reforms.
Finance
Commentary
Coalition demands Brown put people and the environment at the heart of fundamental reform of the int
Today, a UK coalition of 24 of the most influential trade unions, development charities, environmental groups and religious leaders wrote to the Prime Minister calling on him to put people and the environment at the heart of the international economic system. The letter was sent as Gordon Brown leaves for the G20 Summit in Washington on Saturday 15 November
