8 October - Reducing Inequality: Do the IMF, World Bank and Other Global Institutions Have an Impact?
New Rules for Global Finance, in collaboration with its partners released the 2014 Global Financial Governance & Impact Report. Chaired by DFI Director Matthew Martin, the launch event kicked off with a keynote speech by Thomas Bernes, former Executive Director at the IMF and head of IMF’s IEO and high-level official at the World Bank and regional development banks. After a presentation of the report’s findings on the governance and impact of key international financial rule-making bodies (G20, IMF, World Bank, FSB, UN and OECD), panelists from the IMF, Jubilee Bolivia and InterAction discussed the challenges of assessing the development impact of financial institutions and development finance in developing countries, with a particular focus on the impact on poverty and inequality.