Notes from an official event at the IMF/World Bank 2016 spring meetings on the political economy of structural reforms.
Finance
Finance
News
Taxes rise in Ghana as IMF loan approved
The IMF has approved the third disbursement of a loan agreement to Ghana, however, concerns were raised regarding associated tax rises.
Finance
Analysis
What is left of the rise of the South?
While the recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, they are thus far not a rupture with the Western-dominated international financial architecture.
Finance
Analysis
World Bank rolls out the carpet for “troubled megaprojects” and PPPs
The World Bank and other multilateral development banks continue to push for public-private partnerships for infrastructure projects, despite concerns of debt risks and lack of transparency.
Finance
News
IMF reopening case for capital controls?
An IMF policy paper on the international monetary system considers its future policy on capital controls and proposes a review of the IMF's institutional view on the liberalisation and management of capital flows.
Rights
News
UN independent expert: "IMF programmes worsen income distribution"
A report by the UN independent expert on foreign debt, exploring inequality, financial crises and human rights, claims that IMF programmes are associated with a worsening of income distribution.
Finance
Analysis
China goes global with development banks
This briefing examines the trajectory of China's evolving leadership in international development finance, including the impact of it's massive increase in development finance for developing countries.
Conditionality
Analysis
Debt bubbles “popping” in emerging economies
IMF and World Bank face up to slowing global economy, but downplay risks of new debt crises for low income countries
Finance
Analysis
Rise of the global South and descent of the North?
This briefing notes that recent reforms to the IMF and World Bank governance and the establishment of new Southern-led IFIs are symbolically important, however, they are thus far not a rupture with the Western-dominated international financial architecture.
IFI governance
News
World Bank’s risk rating record for policy lending slammed by internal evaluator
A report by the World Bank’s Independent Evaluation Group has criticised the Bank’s track record in rating the risks of development policy loans.
