Search Results for: imf

IFI governance

News

8 April 2013

2013 World Bank-IMF Spring meetings schedule

Tentative schedule of the World Bank-IMF spring meetings in Washington DC, from 19th to 21st April 2013.

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

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".

Knowledge

News

8 April 2013

New World Bank strategy accused of being "unambitious" and "cosmetic"

World Bank president Jim Yong Kim's new overarching strategy on ending absolute poverty and creating shared prosperity elicits criticism for ineffectively tackling inequality and sustainability.

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

Finance

News

13 February 2013

IMF accused of anti-China bias

The IMF's Independent Evaluation Office (IEO) published a late December evaluation that was critical of IMF concerns and advice relating to international reserves, especially the accumulation by countries of large quantities of US dollar assets.

Finance

News

13 February 2013

The Troika setting a "default trap"?

Controversy erupted in January after the IMF implied lenders to Greece may need to provide yet more debt relief, while the social and economic sustainability of other Troika (the lending triumvirate comprising the Fund, European Central Bank and European Commission) programmes is still in question.

Trade

News

13 February 2013

IMF highlights shadow banking risks

An IMF December staff discussion note from the IMF's research department, authorised by chief economist Olivier Blanchard, reveals that shadow banking now accounts for 25 per cent of global financial assets.