The World Economic and Social Survey 2012, published by the UN Department for Economic and Social Affairs (UNDESA), has called for a change in the SDR allocation formula.
Notes of a meeting with UK executive director to the IMF Alex Gibbs in October 2012
IMF research staff have joined external critics in saying that capital account regulation should be more widespread and better coordinated across recipient countries, setting the stage for a contentious final debate on an IMF institutional view on capital account management at end October.
An IMF governance reform deal agreed in November 2010 has been stalled by US Congress' failure to grant it approval.
In August, the IMF executive board appointed an external panel to review the work of the Independent Evaluation Office (IEO), the body that assesses the work of the IMF.
The World Bank has decided to reengage with Bangladesh's Padma bridge project after it suspended its promised $1.2 billion loan last year over allegations of corruption in the consultant selection process
The challenge of maintaining growth amid a global slowdown has sparked fierce debates over Thailand's monetary policy.
Civil society organisations met UK Executive Director to the World Bank Susanna Moorehead and staff from the Department for International Development to discuss IDA, education finance, infrastructure finance, fragile states, agriculture and land, Doing Business rankings, Oyu Tolgoi project in Mongolia.
Minutes of Burma and IFIs meeting, Washington DC, 18 April 2012
IMF integrated surveillance decision delayed.
As European elections show the public increasingly rejecting austerity, critics call on the IMF to focus on the flaws of the eurozone rather than austerity in country programmes.
After high-level talks in May, Chinese vice premier Wang Qishan announced US support for the inclusion of the yuan in the currency basket for the IMF's special drawing rights, the international reserve assets issued by the Fund. While this supports Chinese plans to make the yuan an alternative reserve currency alongside the US dollar and the euro, IMF recommendations for China to speed up the move to convertibility and fully open its capital account have attracted domestic criticism.
As the world celebrates the 75th anniversary of the Universal Declaration of Human Rights, it is time the IMF’s shareholders use the opportunities provided by the anniversary and growing calls for reforms to the international financial architecture to redesign the IMF’s governance structures and programmes to ensure they are consistent with the commitments outlined in 1948 and with international human rights law.
Influence of unreformed international financial institutions and creditor interests in debt solutions in low- and middle-income countries plagued by delay and ineffective when undertaken.
