Too Many BRICS, Not Enough Cement
With India slated to take over the presidency once again in 2026, the question is, would India use the opportunity to address key issues or would it again, as seen during the G20 presidency,...
International Financial Institutions Under Trump: Perspectives from India and the Global South.
As one grappled with the madness to get to the method, the questions around the fate of the financial institutions like IMF, World Bank etc has many curious. Amid the intensifying crises of debt,...
World Bank on Trial: Eight charges against World Bank on its 80th year. | Finance Matters, 29 November 2024| Editors Note
As the Bretton Woods Institutions complete 80 years, here are eight charges against them (not in order of the severity of the crimes!). 1. Perpetuator of Climate Crisis: Now championing as a climate saviour...
World Bank’s Ironical 80 years; but why we are more unequal than ever?
Truman – Rostow Club and the Birth of Development Discourse In 1949, U.S. President Harry Truman, in his “Point Four” speech, introduced an influential vision of “development” that charted the course of history toward...
Revisiting Bretton Woods@ 80: Critiques and Calls for Change in Global Development
In 1994, the New York Times described the World Bank and International Monetary Fund (IMF) as “overlords of Africa” and ostensibly so the bankers have indeed become overlords of the global south since the globalisation...
Interrogating the World Bank and IMF at 80: Development or hypocrisy?
On their 80th birthday, the colonial legacies of the World Bank (collectively for the IBRD – International Bank for Reconstruction and Development and the IDA – International Development Association) and the International Monetary Fund...
Indian Civil Society Demands a new democratic financial system on World Bank/IMF’s 80th Anniversary
The Bretton Woods institutions – the World Bank and International Monetary Fund (IMF)- have completed 80 years of existence and operations. As people of the global south, who continue to bear the brunt of...
Indian Civil Society Groups Demand Shutdown of World Bank and IMF on Their 80th Anniversary
Press Release 23.10.2024 | New Delhi: Close to 200 individuals and civil society groups, representing a wide range of social movements, campaigns, and grassroots organisations and campaigns in a statement have called for the creation...
Interrogating the World Bank @ 80 | Essay Competition
The Centre for Financial Accountability, a New Delhi-based organisation working to strengthen and improve financial accountability within India, invites students and researchers to participate in an essay competition on the topic of Interrogating the...
India & Global Finance 2023-24: Strategies, Challenges, and Opportunities in a Shifting Geopolitical Landscape
International finance and geopolitics are quite dynamic and will tend to alter each day. We must have a clear view of our nation and where it stands in this landscape.
Bretton Woods policies lead to ‘wider’ global inequalities, high debt levels
The Spring Meeting of the World Bank and IMF, held from April 15-20, marks the commencement of celebrations for the 80th anniversary of the Bretton Woods Conference, aimed at rebuilding the world in the...
The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?
For the past 36 years, banks' pensions have not been upgraded. No social security, like universal basic income, is considered. The vast majority of unorganised sector workers (94%) do not have access to provident...
Understanding Deregulation, Privatisation & Economic Reforms: What derailed the Indian economy?
The derailment began in 1991, with the World Bank, an IMF loan, and the liberalisation, privatisation, and globalisation agenda.
The Lankan Crisis: Lessons for India
While the mainstream media covers the turmoil in Sri Lanka as something that is unfolding on a day to day basis, what is lost out is the long term trajectories that have precipitated the...
Coveted IMF-WB Spring meetings conclude with a vow to fiddle; MC12 round the corner
We are posting these snippets at a time when the mega yearly rituals of the World Bank and IMF a.k.a the Annual General Meetings, have ended and the balance of payment crisis in Sri...
Page 1 of 3