Search Results for: imf

IFI governance

News

8 April 2013

US deadlock stalls IMF governance reform

The IMF governance debate goes beyond the mathematics of voting shares and representation, bringing to the fore critical questions about the Fund's legitimacy.

Conditionality

News

8 April 2013

Democracy: "an enemy to the IMF"?

The legitimacy of IMF engagement with Middle East and North African nations and eurozone crisis countries continues to be heavily criticised.

IFI governance

News

8 April 2013

BRICS challenge IFIs

Large middle-income countries jointly initiated alternatives to the World Bank and IMF in March, but advocates are not satisfied with either set of institutions. While challenge to the IMF has been welcomed, civil society actors fear that a new development bank would serve "vested interests" and could lead to "exploitation".

Finance

News

8 April 2013

G20 working on international financial architecture, while the IMF "to bury its head in the sand"?

The G20's agenda on the international financial architecture looks to tackle sovereign defaults, but not 'currency wars'.

IFI governance

News

3 April 2013

IEO: IMF reform implementation "not working well"

The second external evaluation of the IMF's Independent Evaluation Office (IEO), discussed by the IMF board end March, evaluated how well the IEO has met its institutional mandate since 2006.

Accountability

News

3 April 2013

French police raid Lagarde home

French police searched the Paris apartment of IMF managing director Christine Lagarde in late March as part of an investigation over the way Lagarde, as French minister of finance, handled the compensation settlement of French millionaire Bernard Tapie.

Finance

Commentary

28 March 2013 | Guest comment

Cyprus - whose crisis?

The economic crisis in Cyprus erupted during the second cycle of the European recession of 2011 as a result of harsh austerity policies imposed since 2010 in Europe. It is a new crisis born of a failed response to the original European crisis.

IFI governance

Background

13 March 2013

The UK's role in the World Bank and IMF

This page outlines the structure of the UK government's interaction with the World Bank and the IMF. It provides contact information for the appropriate staff at the Department for International Development and HM Treasury who deal with the Bretton Woods institutions

Conditionality

News

13 February 2013

IMF to play "grand endorser" in Jamaica?

Jamaica is close to agreeing a new IMF programme despite a recent record of disputes.

IFI governance

News

13 February 2013

IMF governance "credibility cliff"?

After missing the October deadline to approve the governance reforms agreed in 2010, IMF shareholders have also missed the January 2013 deadline to agree changes in the IMF quota formula.

Trade

News

13 February 2013

IMF "onslaught" on Pakistan's economy

Pakistan must radically change its economic strategy, and raise Rupees 360 billion ($3.67 billion), 1.5 per cent of its GDP, before the Fund will agree to a new programme.