G24 finance ministers called for urgent global action to mitigate the effects of rising debt levels in emerging economies, and rising global food, energy and commodity prices.
This Inside the Institutions provides an overview of one of the World Bank’s most controversial types of lending, Development Policy Financing, and outlines some key critiques of the instrument.
As the inability of Bank and Fund to adapt their policies in response to the Covid-19 pandemic becomes more evident, hope turns to the UN system and a radical restructure of the global international financial architecture.
Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.
The IMF and World Bank continue to be amongst the most relevant and significant powerful norm-setters, convenors, knowledge-holders and influencers of the international development and financial landscape. This Inside the Institutions sets-out some of the most common criticisms of the World Bank and IMF under three broad lenses: democratic governance, human rights and the environment.
Two new CSO reports document inadequate response by states, the IMF and World Bank.
One year after Oxfam study, IMF making progress on inequality agenda but still needs a fundamental shift
Fight Inequality Alliance meets in Brazil to plan action against current shocking levels of inequality and prepare for World Bank and IMF October Annual meetings in Bali, Indonesia.