Tag: IMF (page 1 of 3)

‘Back to austerity?’ Trade Unions on ‘Path to Prosperity’

As the International Monetary Fund (IMF) and World Bank gather for their 2025 Spring Meetings under the theme “Jobs – the Path to Prosperity”, global unions are raising the alarm over the return to austerity policies that undermine prosperity and decent work.

Back to austerity? Global unions confront IMF and World Bank on ‘Path to Prosperity’ – International Trade Union Confederation

IMF Conditionality

  • Review risks repeating past failures, with austerity-driven policies worsening inequality and economic hardship
  • Civil society criticism highlights a lack of meaningful consultation, raising doubts about prospects of genuine reform

The IMF’s 2025 Conditionality Review: a test of reform or repeat?

IMF’s Finance & Development

In search of the invisible hand of markets!

In Search of the Invisible Hand

The Global North has 9 times more voting power at the IMF than the Global South

In the deeply undemocratic IMF, where a country’s voting power is tied not to its population size but to the size of its economy, the US effectively holds a veto over any major changes and moulds policies according to its whims.

The Global North Has Nine Times More Voting Power at the IMF Than the Global South: The Tenth Newsletter (2025) | Tricontinental: Institute for Social Research

World Bank and IMF Await Elon Musk

 I think that Elon Musk and his Department of Government Efficiency (DOGE) have been misinformed. I don’t disagree with their shutting down USAID, but I think it’s rather small fry.  There are much, much bigger fish to fry if you want to really save U.S. government money that is being wasted in programs that are mischievously justified as aid to the poor people of the world.

The World Bank and IMF Await Elon Musk – FPIF

Global Unions demand accountability from IFI’s

On the World Day of Social Justice, a high-level global union delegation is holding a two-day meeting with the leadership of the International Financial Institutions (IFIs) to call for economic policies that prioritise workers’ rights, social protection and equitable growth.

World Day of Social Justice: Global unions demand accountability from IFIs – International Trade Union Confederation

Who’s afraid of the grassroots?

On IMF policy making

Who’s afraid of the grassroots? IMF policymaking in the era of social discontent – Bretton Woods Project

The IMF has lost its way

says even Foreign Policy, with 5 easy reasonable fixes…

The IMF Has Lost Its Way

BWI annual meetings: another missed opportunity

A reform path without linking up to the UN consensus on the future and on development.

Annual Meetings 2024 Wrap-up – Don’t look back: BWIs plough down path of reforms lacking evidence and willingness to engage with broader UN-led reform processes – Bretton Woods Project

IMF and World Bank: Reforms needed

ITUC’s statement about the needed reforms:

Global Unions statement to the 2024 annual meetings of the IMF and the World Bank – International Trade Union Confederation (ituc-csi.org)

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