At a time when developing countries are under fiscal pressure and struggling to invest in future growth, the United States could come to the rescue – and without putting one cent of its own money on the line. Rarely has there been a better moment for a new issuance of the International Monetary Fund’s global reserve asset.
How Trump Could Win Over the Developing World by Vera Songwe – Project Syndicate
The outcome of this week’s Annual Meetings of the World Bank and IMF show that the institutions are moving in the wrong direction.
The World Bank and IMF Annual Meetings for 2025 are taking place in Washington, D.C., October 13–18, at the World Bank Group and IMF headquarters. The meetings bring together the international community to discuss global economic challenges and opportunities, with a focus on creating jobs and driving sustainable growth, according to the International Finance Corporation (IFC) and World Bank.
Meanwhile, with prices at record highs, the IMF should use its gold reserves to fund much-needed support for developing countries.
Gender and social inequalities in IMF Surveillance : nothing changes!
US tariffs, hostility to multilateralism and pursuit of expansive presidential authority rekindle debates about rise of populism and authoritarianism IMF and World Bank concerned about threats to the social contract and democratic backsliding for decades. Yet IMF and World Bank policies remain unreformed and continue to contribute
to the dynamics that threaten the democratic state.
Lula’s speech at the BRICS meeting in Rio de Janeiro
IMF and WB “a reversed Marshall Plan” says Lula — MercoPress
Colonial histories of plunder and appropriation have under-developed the Global South, and ongoing imperialism in the global financial architecture has ensured that this under-development remains.
Structural Pillars of Financial Imperialism – A Publication by Regions Refocus.pdf – Google Drive
Once plundered of both its wealth and people by colonial powers, Africa now faces IMF-imposed austerity, obscene debt, and forced underdevelopment.
Decades of IMF interventions have locked African nations into cycles of debt, austerity, and economic dependency, stifling real development while reinforcing neocolonial control over the continent’s financial sovereignty.
and their relative voting power:
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