IFI governance

Analysis

The Bretton Woods Institutions and the second crisis of multilateralism

At 75, the World Bank and IMF face a crisis of multilateralism in no small part of their own making as failed economic policies have resulted in skepticism of the international order they helped to create.

30 July 2019 | At Issue
Flags of member nations flying at United Nations Headquarters

Conditionality

Analysis

IMF framework on social spending out of step with international standards

Fund publishes social spending strategy, civil society deems outcome too little too late.

30 July 2019 | Guest analysis

Conditionality

Analysis

Structural adjustment is dead, long live structural adjustment

As Fund publishes its first comprehensive review of conditionality since the financial crisis, questions arise about the Fund's capacity to create economic stability and the rise of structural conditions.

30 July 2019

Environment

Analysis

Confronted with climate emergency, IMF belatedly attempts to "get real"

Fund turns its attention to carbon pricing to support Paris Agreement alignment, as climate vulnerable countries see rising cost of climate impacts.

30 July 2019

Rights

News

Landmark report finds attacks on human rights defenders in name of 'development' on the rise

World Bank and IFC identified as key funders of projects that endanger human rights defenders.

30 July 2019

Gender

News

World Bank’s women entrepreneur initiatives just “smoke and mirrors”

As We-Fi launches regional West Africa summit, feminists criticise narrow focus of women entrepreneur initiatives, while funding for women’s rights is in decline.

30 July 2019

Environment

News

IFC’s Green Equity Strategy faces set-back at Board

As climate crisis deepens, IFC’s Green Equity Strategy faces delay from World Bank’s Board, with CSO activists calling Board’s foot-dragging a ‘scandal’.

30 July 2019

IFI governance

News

Quota reform impasse likely as IMF faces legitimacy crisis

Latest Review of Quotas expected to be quashed, as US signals it will block reform.

30 July 2019