The World Bank has signed a co-financing agreement with the Asian Infrastructure Investment Bank, while former Bank staff join the new institution.
Notes from a side event at the inaugural Global Infrastructure Forum, during the World Bank/IMF 2016 spring meetings, discussing the role of the new development finance institutions, the Asian Infrastructure Investment Bank and the New Development Bank.
Notes from the opening plenary of the inaugural Global Infrastructure Forum, during the World Bank/IMF spring meetings 2016.
Bretton Woods Project coverage of the 2016 spring meetings in Washington DC with links to analysis of the communiqués and notes from key civil society and official meetings.
Analysis of the official communiqués from the 2016 World Bank-IMF annual meetings, Washington DC.
While the recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, they are thus far not a rupture with the Western-dominated international financial architecture.
The World Bank and other multilateral development banks continue to push for public-private partnerships for infrastructure projects, despite concerns of debt risks and lack of transparency.
An IMF policy paper on the international monetary system considers its future policy on capital controls and proposes a review of the IMF's institutional view on the liberalisation and management of capital flows.
As the IMF initiates negotiations with Tunisia, concerns have been expressed that renewed reforms will not be inclusive or target deep-seated economic and social issues.
The World Bank and the IMF have increased their rhetoric on gender equality, but concerns remain about Fund and Bank impacts on gender equality in practice.
This briefing examines the trajectory of China's evolving leadership in international development finance, including the impact of it's massive increase in development finance for developing countries.
Briefing noted that recent reforms to the IMF and World Bank governance reforms and the establishment of new Southern-led IFIs are symbolically important, however they are thus far not a rupture with the Western-dominated international financial architecture.