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IMF challenged to match inequality rhetoric with action, and a campaign against the World Bank’s promotion of PPPs: Annual Meetings round up

Maria Romero, Mark Perera

18 Oct 2017 11:05:05

The annual meetings of the Bretton Woods Institutions (the IMF and World Bank) are over for another year. The meetings in Washington DC were held against a background of strengthened but patchy global economic growth mixed with considerable crisis risks and renewed geopolitical fights over the World Bank’s demand for a capital increase. Meanwhile, civil society organisations (CSOs) questioned the development impact of the Bretton Woods Institutions, and launched a global campaign against public-private partnerships (PPPs). IMF worries about debt (in China) and talks of taxing the rich more The 2017 Annual Meetings were preceded by the publication of the IMF’s World Economic Outlook (WEO), in which the IMF signalled stronger than expected growth forecasts for the global economy in 2017 ...
This year’s annual meeting of the World Bank (WB) and the International Monetary Fund (IMF), on October 10-12, coincided with the 70th anniversary of both institutions. But it was not a happy party with global economic storm clouds looming, a growing ...