World Bank on Trial! | On the 80th Anniversary of World Bank/IMF The Independent People’s Tribunal (IPT) on the World Bank @ 80, convened in Kolkata in December 2024, critically examined the World Bank’s pervasive role in shaping India’s economic, social, and environmental landscape. Organised by the Working Group on International Financial Institutions—comprising nearly 80 …
Continue reading People’s Tribunal: A Report on the Proceedings, Testimonies, and Verdict
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 the impacts of colonial expansion, resource extraction, wealth concentration, climate change and deepening inequality, we demand that these institutions be shut …
Over the years increasingly institutions like World Bank and other MDBs have started using post-disaster situations and climate change as an opportunity to bring in policy reforms. Post disaster rehabilitation and recovery programmes provide institutions an easy entry with little resistance to the massive policy reforms that come along. Also, the language of resilience and …
Continue reading Disaster Funding and COVID-19 response of MDB’s in India
Working Group on IFIs 