The Development Committee communiqué was published on 15 October. It acknowledged an uneven and uncertain path to recovery, while it kept silent on the need for a TRIPS waiver of the Covid-19 vaccines and said little about the IMF’s new $650 billion allocation of SDRs.
Annual Meetings Wrap-up: despite urgent climate and development needs, geopolitics and deference to private finance rule the day
19 October 2021
Doing Business scandal once again highlights that geopolitical wrangling is key driving force behind Bretton Woods Institutions’ governance structure and policy prescriptions.