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 outcome of this week’s Annual Meetings of the World Bank and IMF show that the institutions are moving in the wrong direction.
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.
Even the World Bank now says it does! Though it needs more accurate date and more dialogue to find out the roots of inequality…
Lula’s speech at the BRICS meeting in Rio de Janeiro
IMF and WB “a reversed Marshall Plan” says Lula — MercoPress
Part 1 of this blog – available at the Development Pathways website – argued that the World Bank’s long-term advocacy of poverty targeted schemes as the basis for the tax-financed side of social protection systems contradicts messages from its own research. This blog argues that the World Bank’s promotion of social registries also contradicts the organisation’s own research, this time into the COVID-19 pandemic.
The World Bank have published revised poverty numbers, and the findings are pretty dramatic. They now think that there are 125 million more people living in extreme poverty in 2022 than they did previously- that extreme poverty is 10.5% of the world’s population, as opposed to their previous estimate of 9%. That is the equivalent to the entire population of Japan.
Poverety reduction is slowing …
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
This blog argues that the World
Bank’s promotion of social registries also contradicts the organisation’s own research, this time into
the COVID-19 pandemic.
2025-0603-blog-WorldBank-State-of-Social-Protection-Report-2025-Part2-mg.pdf
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