This monthly column tracking developments in the world of the international finance looks into the review of Equator Principles, ITUC’s critique on IMF Framework on Social Spending, and World Bank’s report on the Global...
IMF loans a continuous saga of conditionality. The latest in the countries that have received the International Monetary Fund (IMF) loans after Greece and Turkey is Pakistan. This is Pakistan’s thirteenth loan from IMF...
The New World Bank President The annual Spring Meetings of the Boards of Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) was held in Washington DC this year with...
Yesterday Julian Assange, co-founder of Wikileaks, was arrested from the Ecuadorian Embassy in London, where he took refuge seven years back, after the Ecuadorian government’s withdrawal of asylum. Interestingly, exactly a month back, on...
The 10th BRICS (Brazil, Russia, India, China and South Africa) Summit was held in Sandton Convention Centre, Johannesburg, South Africa from 25-27 July 2018. Set up in 2009, in the aftermath of the 2008 global financial...
This workshop enabled discussions on IFI model of reforms in water supply services, including privatisation/ PPPs and commercialisation. The discussion also included the concepts of right to water and its implementation at the community...
While it is generally accepted that social protection is a core public service, the design of national systems is highly contested. There are two broad camps in the debate: one regards social protection as...
This document is an effort to compile data of investments coming into India from MDBs, ExIm banks and other bilateral investments, to help understand the landscape of financing from these institutions and helping to...
Ever since the first lending from World Bank in 1949 worth $34 million to Indian Railways and the bilateral credit India received from the erstwhile USSR and USA in the early 50s, India has...
Over fifty renowned economists, academics and development experts from across the world recently wrote to the Executive Board of the International Monetary Fund to express concern over the IMF “independent” evaluation of The IMF and social protection,...
Several UN human rights experts last month wrote an open letter to the Executive Board of the International Monetary Fund to express their dismay about the general approach of the IMF to social security reforms that has...
This year, the G20 Finance Ministers and Central Bank Governors’ Meeting on October 12-13 overlapped with the IMF-World Bank annual meeting on October 13-15 in Washington, DC. As of December 1, 2017, Argentina becomes...
The year 2015 was called a landmark year in terms of global environmental action. Two global agreements were reached and sealed – both critically concerned with the future environmental health of the earth and...
An Analysis of Parliamentary Debates in India on International Financial Institutions (1984-2009)
IMF research department came out with an article “Neoliberalism: oversold” in Finance and Development a quarterly magazine published quarterly by IMF. The article says while the neoliberal agenda has rescued millions from poverty, the...