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Conditionality

News

3 February 2012

IMF in a euromess?

The IMF responds to calls from European leaders to get more involved in the European debt crisis through greater lending to the region, however, the austerity policies being demanded are stoking further criticism from civil society organisations.

23 January 2012

Bretton Woods Project Coordinator - application instructions

Instructions for submitting job applications for Bretton Woods Project Coordinator position - deadline 1700 London time, Tuesday 14 February 2012.

Finance

Analysis

15 December 2011 | Reports

Breaking the mould

Argentina, Brazil and Costa Rica are among the countries that have recently implemented capital account regulations. This report reviews the evidence available on the impact of their measures, providing evidence of the usefulness of capital account regulations not only in achieving financial stability but also in preventing unwarranted appreciation of the exchange rate and increasing monetary policy space.

Finance

Analysis

15 December 2011 | Reports

Time for a new consensus

This report explains the drawbacks, especially for development, of policies to deregulate the movement of money across borders, and makes suggestions for a new pragmatic approach to regulation of financial flows to ensure stability and development.

Social services

News

21 November 2011

IMF's focus on austerity proved "wrong, wrong, wrong", say critics

While Christine Lagarde and staff at the Fund begin to acknowledge that too much austerity is risking jobs and growth and civil society groups call for an end to IFIs policy conditions, IMF programmes continue to promote fiscal retrenchment.

Accountability

21 November 2011

IMF's "trusted advisor" role to be scrutinised

The IMF's Independent Evaluation Office (IEO) has released an issues paper describing how it will assess whether the IMF has strengthened its 'trusted advisor' role since 2005.

Environment

News

21 November 2011

World Bank manoeuvres to influence climate finance debates

As the next round of global climate negotiations approaches, the World Bank advocates the use of private sector finance for climate change adaptation and mitigation, and pushes multilateral development banks as delivery mechanisms.

Rights

News

21 November 2011

IFIs admit failure to put jobs at the centre

While the International Labour Organization (ILO) warns of social unrest coming from record unemployment, the IMF and World Bank are being criticised for hindering workers rights and not putting jobs at the centre of recovery.

Conditionality

News

21 November 2011

IFIs macroeconomic policy "anti-growth"

"Why have the policy tutors performed so miserably and the pupils so brilliantly?", wondered Professor John Weeks of the School of Oriental and African Studies (SOAS) in an October article for Social Europe Journal.

IFI governance

News

21 November 2011

IMF still divided on gold sales windfall

The executive board of the IMF continued to disagree, in an early September discussion, on what to do with the $2.76 billion windfall profits from its 2009-10 gold sales.

Conditionality

News

21 November 2011

Inflation "obsession" hurting Kenyan growth

Constraints placed on the Central Bank of Kenya's monetary policy by the IMF have been condemned as damaging to Kenya's growth.

Finance

News

18 November 2011

Capital controls: IMF gradual change of heart continues?

The G20 released its conclusions for how countries should manage capital flows, while internal papers suggest the IMF’s slow moves to accept national regulations on international capital flows continues.

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