A meeting, organised by Bretton Woods Project and Heinrich B
Finance
Finance
News
IMF and WB wanted for fraud
Protesters carrying placards proclaiming “Africa Needs Liberation Not Charity” and “the Debt is a Fraud” gathered outside World Bank offices in London on 26 May to mark African Liberation Day.
Finance
News
Reality check on debt
A new report from Drop the Debt argues that the World Bank and IMF can afford to cancel in full the debts of the poorest countries without putting at risk their finances.
Rights
News
Financial crises and global slowdown capture IMF-World Bank spring meetings agenda
The global economic slowdown and donor countries’ differing views on what to do about it, pushed issues related to the world’s poorest nations to the sidelines of public debate on this year’s spring meetings of the IMF and World Bank.
Finance
News
Africans query World Bank, IMF governance mantra
A week-long “listening tour” brought World Bank President James Wolfensohn and IMF Managing Director Horst K
Finance
News
Social legacy of Indonesia’s crisis
A new pamphlet from UNICEF details the social legacy of Indonesia’s financial crisis.
Finance
News
Oh no, O’Neill
New US Treasury Secretary Paul O’Neill has indicated his scepticism that IMF bail-out packages can deal effectively with financial crises.
Finance
Analysis
Go with the Flows? Capital Account Liberalisation and Poverty
April 2001 report from the Bretton Woods Project and Oxfam. Examines the links between capital account liberalisation (CAL) and poverty reduction, including how CAL affects government spending, the delivery of social services, access to credit for small businesses and households, and general opportunities for sustainable livelihoods.
Finance
News
PRSP case studies report
A new report summarises some of the continued challenges for participatory poverty reduction processes.
Finance
News
UK government launches globalisation strategy
The UK white paper on globalization - endorsed by the entire UK Government - was published in December.
Featured briefings
6 April 2023
World Bank and IMF Spring Meetings 2023
5 April 2023
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
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.