IMF—International Monetary FundThe IMF, an international organisation with 184 member countries, was established in 1944 to promote international monetary cooperation, exchange rate stability, and orderly exchange arrangements; and to provide temporary financial assistance to countries to help ease balance of payments adjustment. Based in Washington D.C. the managing director (traditionally a European national) is Dominique Strauss Kahn; the Fund currently has 2,693 staff from 141 countries; and 75 countries owe the Fund around $34 billion. Its operations include surveillance (of member countries economies and the global economy), technical assistance and financial support. The latter is provided in the form of loans to which conditions are attached. read more background... BriefingsMemorandum by the Bretton Woods Project for the UK Treasury Committee Treasury Committee inquiry into the international dimension of the banking crisisThere are two major problems which interacted together to cause the crisis: the failure of the financial regulatory and supervisory systems and the failure of the international monetary system. These problems are outlined in written evidence submitted to trhe UK Treasury Committee. read article... The IMF's special drawing rights (SDRs)The special drawing right (SDR) is an international reserve asset, created by the IMF in 1969 to supplement the existing official reserves of member countries. read article... Country positions for the London SummitOn April 2 several industrialised and emerging market economies will meet at the London summit. Slowly, the policy positions of participating countries are emerging and give an overview of what might be the outcomes of the meeting. This paper gives an overview of official standpoints of participating countries ahead of the summit on a variety of topics and, taking that into considerations, provides an overview of what is likely to be agreed on in the end. read article... Items 1 to 10 of 823Economic crisis: rich countries block reform at UN summitThe first major conference on the financial and economic crisis to involve all countries ended with rich countries blocking substantive reforms demanded by developing countries. The UN conference did however push key issues up the international agenda, such as the need for a better system of international reserves, and for genuine policy space for developing countries. read article... Beyond the London Summit Assessing the UK government's response to the financial crisis and charting a way forwardIn this paper we assess the outcomes of the London Summit and the UK government's progress towards the 12 recommendations set out by the Put People First platform in March 2009. The G20 London Summit on 2 April 2009 issued "a global plan for recovery and reform". G20 leaders have not yet gone far enough on the fundamental changes the world needs. The communique appears to have made progress on some critical issues but there were also missed opportunities, especially on building a green economy, and some areas where it moves in the wrong direction. read article... Bretton Woods Project submission on the DFID White PaperIn a submission the the DFID white paper consultation, we set out the significant change needed at the World Bank and IMF to bring them into line both with international norms and with UK policy, in order to improve their contribution to sustainable development. In this submission we outline changes needed in: IFI governance; IFI conditionality policies; IFI policies related to aid effectiveness; IFI policy on climate change; private-sector finance; and the financial sector's impact on development. read article... Memorandum by the Bretton Woods Project for the UK Treasury Committee Treasury Committee inquiry into the international dimension of the banking crisisThere are two major problems which interacted together to cause the crisis: the failure of the financial regulatory and supervisory systems and the failure of the international monetary system. These problems are outlined in written evidence submitted to trhe UK Treasury Committee. read article... IMF crisis response- discussionNotes of a meeting between the IMF and civil society organisations read article... Policy Support Instrument (PSI) - seminarNotes of discussion at World Bank Civil Society Forum, 23 April 2009 read article... IMF Transparency roundtable Partial noteNotes from the IMF transparency roundtable. NB: The Global Transparency Initiative published a IMF transparency guide in 2008. read article... Meeting between UK civil society and Douglas Alexander, Secretary of State for International Development 21 April 2009Minutes of a meeting between Douglas Alexander, Secretary of State for International Development, and UK NGOs, 21 April 2009 read article... Spring meetings 2009: communiqués coverageCoverage of the communiqués from the G24, G7, IMFC and Development Committee at the 2008 Annual Meetings of the World Bank and IMF. read article... World Bank-IMF spring meetings 2009This page will be updated regularly with the latest news from the 2009 World Bank and IMF spring meetings read article... |
Articles: 2499 Related itemsEvents
ResourcesUN conference on economic crisis, outcome document 26 June CSO website on UN conference, including statements 11 June UN Commission on the financial crisis, May 2009 draft of report (Stiglitz Commission) 29 May Education on the brink 24 April IFIwatchnet information on spring meetings 17 April G20 London summit communiqué 2 April CSO inputs to Stigliz commission 1 April UK civil society statement on emergency financing 1 April Prague Declaration 1 April Newswire |
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