WB/IMF roles

IFI governance

Analysis

Annual Meetings 2020 Preamble: IMF and World Bank frontload austerity and privatisation in Covid-19 recovery, while the world calls for more inclusive multilateralism

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.

12 October 2020

Finance

Analysis

The IMF and World Bank-led Covid-19 recovery: ‘Building back better’ or locking in broken policies?

Early evidence suggests IMF programmes are maintaining long-term fiscal consolidation targets, while World Bank further continues Maximizing Finance for Development narrative amidst Covid-19 crisis.

16 July 2020

Rights

Analysis

Fears of lawsuits at World Bank’s tribunal constrain efforts to fight pandemic

Covid-19 pandemic highlights the urgent need for ICSID and wider ISDS reforms as cases threaten to undermine state efforts to protect public health.

16 July 2020

Finance

Analysis

Bretton Woods at 75

BWP publishes essay series reflecting on the legacy of 75 years of IMF and World Bank policies and power.

14 October 2019 | Briefings

Finance

News

Failure to lend to Venezuela and Iran once again raises questions around IMF’s political neutrality

IMF fails to respond to loan requests from Iran and Venezula as they struggle to respond to increasing Covid-19 cases and deaths.

16 July 2020

WB/IMF roles

Background

What are the main criticisms of the World Bank and the IMF?

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.

4 June 2019 | FAQ

Finance

News

Inequality crisis worsens as World Bank and IMF persist with failed policies

Two new CSO reports document inadequate response by states, the IMF and World Bank.

4 April 2019

IFI governance

Analysis

Great Expectations a year on: IMF moving the needle on inequality but not yet the gear

One year after Oxfam study, IMF making progress on inequality agenda but still needs a fundamental shift

28 September 2018 | Guest analysis
Participants at a recent Fight Inequality Alliance event.

Finance

News

Fight Inequality Alliance prepares for Annual Meetings in Bali

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.

27 July 2018 | Event

Conditionality

Analysis

World Bank report on fiscal adjustment in Brazil: questionable analysis; unfair policies

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.

27 March 2018 | At Issue