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.
One year after Oxfam study, IMF making progress on inequality agenda but still needs a fundamental shift
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.
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.
The World Bank’s report on public spending in Brazil raises serious questions about the methodology used and relevance of the report’s focus on fiscal consolidation in light of its own admission that the deterioration of Brazil’s fiscal situation is due principally to the recession.
While there is scope to improve IMF operations in all fragile states, ahead of the forthcoming publication of the IMF IEO review of IMF work in fragile states, there is one fundamental change it must make to transform its effectiveness in fragile states: wherever it is possible, it must be present. No country should be left out.
Every year the Bretton Woods Project highlights some of the most farcical remarks of Fund and World Bank staff.
BWP's analysis of this year's IMF and World Bank annual meetings; hopeful growth forecasts tampered by medium-term concerns, with US anti-multilateralism finally hitting Bank and Fund.
Notes from a meeting at the IMF/World Bank CSO Forum at the 2016 Spring meetings, evaluating how well the World Bank and IMF have done on respecting the country ownership principle ten years after its international acceptance.