This Year’s World Bank-IMF Meetings Are Unlikely to Yield Progress

Internal leadership problems at the International Monetary Fund (IMF) and the World Bank, combined with domestic issues facing both institutions’ main shareholders, will severely limit room for substantive progress during this year’s IMF-World Bank meetings. The lack of a clear path forward for international policy coordination in the transition to a post-pandemic world will, in turn, leave their 190 member countries to mostly fend for themselves in addressing risks and vulnerabilities. ...