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Are the multilateral organizations fighting inequality? : 2018 financial impact report on IMF and World Bank
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INTERNATIONAL POLICY ANALYSIS I FES New York Are the Multilateral Organizations Fighting Inequality? 2018 Financial Impact Report on IMF and World Bank Jo Marie Griesgraber and Matthew Martin October 2018 n The Financial Impact Reports make an ongoing assessment of the role of the in­ternational financial rule-making organizations in reducing economic inequalities. The present report reviews 2018 policies of International Monetary Fund(IMF) and World Bank Group(WBG) and scores them on a scale of 1–5 on their efforts and performance. n The IMFs performance shows overall improvement over last years performance, especially in the areas of taxation, social spending and policy, and in its overall focus on inequality. n The performance of the World Bank is mixed: the authors note improvement in its work in the areas of tax policies and social policies, but regression in its work on labor and its flagship goal of shared prosperity.