IFI governance

Analysis

The IMF at the 75th anniversary of the Universal Declaration of Human Rights: The need for governance reform

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.

5 April 2023 | At Issue

Finance

Analysis

The global financial architecture and the international debt crisis: An urgent call for reform

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.

5 April 2023 | At Issue

Finance

Analysis

Against regressive taxes and austerity: IMF and World Bank must pivot tax policies to support a just and green transition

This year, 85 per cent of the world’s population lives under austerity measures, while multinational enterprises and the wealthy have benefited from privileged tax structures and regressivity, allowing inequality to widen.

5 April 2023 | Guest analysis

Rights

Commentary

Civil society calls on World Bank and IMF to safeguard civic space and prevent retaliation around Marrakesh Annual Meetings

To prevent repression and retaliation at their Annual Meetings in Marrakesh, World Bank and IMF must work proactively with MENA civil society and Moroccan authorities on safeguarding civic space and upholding free speech.

5 April 2023 | Guest comment

Gender

News

Lagging behind: World Bank and IMF rank poorly against other IFIs as their approach to macro is still gender-blind despite reform promises

Newly released ranking report on IFI gender and climate policies reflects mounting frustration with the gender-blindness of Bank and Fund, especially the Bank’s promised reform.

5 April 2023

Environment

News

Resilience and Sustainability Trust’s first loans promote climate PPPs, raising concerns they may create fiscal risks

Initial financing for Costa Rica, Barbados, Rwanda, Bangladesh and Jamaica tied to efforts to ‘green’ PPP frameworks.

5 April 2023

Private Sector

News

World Bank’s financial inclusion agenda blind to growing gendered over-indebtedness

The World Bank’s financial inclusion agenda in time of cost-of-living crisis, austerity and financialisation promotes indebtedness of the poor, especially women.

5 April 2023

Finance

News

Between a rock and a hard place: How can IMF provide support amidst debt restructure deadlock?

IMF’s lending into arrears policy can be a way to break out of the debt restructure deadlock and provide the much-needed financing for countries in debt distress.

5 April 2023