New Rules begins building IMF NGO Network – New Rules for Global Finance Coalition


NewsPress ReleasesNew Rules begins building IMF NGO Network

New Rules begins building IMF NGO Network

As New Rules continues to push IMF reform, we hope to do so in unison with civil society organizations from low-income countries.  To achieve this, New Rules is developing a network of CSOs that are educated about the IMF, monitor its actions, and advocate to change its behavior so it supports the rights of the poor. Right now this is exploratory.  As you may or may not know, trying to find funds to do this kind of work has become extremely difficult, but we are going to try—PROVIDED there is real need or demand from organizations in low-income countries and the Global South.

Based on our work over many years, New Rules for Global Finance suggests that such a network would have 4 aspects:

1.  Some education on how the IMF functions, including important decision moments.

2.  Country-specific information some organizations want or need but cannot find on their own.

  • Advocacy in Washington that supports the efforts in-country on specific Article IV or specific loans and loan programs (conditions)
  • As an international network, advocacy vis-à-vis other major donors or powers within the IMF

3.  General policies of the IMF

  • Governance, including allocation of votes (and voice) according to a (hopefully better) quota formula
  • Adequate funds for low income countries to borrow what they need at no or very low costs—this money comes from donors directly to the Fund and is located in facilities such as the Poverty Reduction and    Growth Trust (PRGT)
  • Monitoring the IMPACT of conditions attached to loans or the policies required by the annual review (surveillance) of a country
  • Collaborating with various campaigns such as those for debt reduction from the IMF
  • Pushing for accountability of the Fund for its actions, recommended policies

4.  Poverty Impact Assessments of Macro-economic Policies

  • Testing a new approach that the IMF and national governments and in-country think-tanks, Parliaments, NGOs, Academics can use to anticipate the costs and benefits of macro-economic policies—
  • by type of product (agricultural, service, manufacturing), whether it is used in-country or exported; by type of worker (rural—landless, production for family only, production for domestic or for external markets) and urban (informal or formal; manufacturing, service)
  • We have been working for several years to find a way to do this that both the government and local institutions can test different policies to choose which would be least harmful (or maybe even helpful!) to the poorest. 
  • This will be tested at the earliest in 2013.

These are New Rules’ ideas; they are NOT the final answer.  There may be interest in other actions or agendas, depending on your feedback.  We cannot tell you there will be new money available to do this work.  That would be a false promise. 

We are talking with other networks such as the Bretton Woods Project in London, EURODAD in Brussels and AFRODAD in Africa. If you or your organization is interested in joining this network, please email This e-mail address is being protected from spambots. You need JavaScript enabled to view it . 

Current partners in this initiative

Country

Organization

Albania

Urban Research Institute

Albania

Centre for Development and Democratization of Institutions (CDDI)

Argentina

Civil Association for Equity and Justice

Azerbaijan

Oil Workers Rights’ Protection Organization Public Union

Azerbaijan

Caucasus Research Resource Center

Bosnia Herzegovina

Center for Investigative Reporting

Botswana

Centar za istraživačko novinarstvo (CIN) (Center for Investigative Reporting)

Burundi

Cadre Burundais de l’Audit Social

Cambodia

SILAKA

Cameroon

Budget Information Centre (BIC)

Cameroon

Association Voies Nouvelles

Chad

Groupe de Recherches Alternatives et de Monitoring du Projet Pétrole Tchad-Cameroun (GRAMP-TC)

Chile

Fundacion Jaime Guzmn E. (Jaime Guzman Foundation)

Columbia

Foro Joven

Democratic Republic of the Congo

Coalition Dette Extérieure de la RDC (CDE/RDC)

Democratic Republic of the Congo

Forum Social RDCongo (FSC)

Dominican Republic

Fundacion Solidaridad

Ecuador

Grupo FARO (Foundation for the Advancement of Reforms and Opportunities)

Egypt

Egyptian Initiative for Personal Rights (EIPR)

El Salvador

Fundacion Maquilishuatl

Fiji

Transparency International Fiji

Ghana

Ghana Integrity Initiative

Ghana

Youth Empowerment for Africa (YEA)

Ghana

Social Enterprise Development Foundation of West Africa (SEND Foundation)

Guatemala

Instituto Centro Americano De Estudios Fiscales (ICEFI)

Honduras

Civil Society Group (GSC)

Honduras

Instituto Centroamericano de Estudios Fiscales (ICEFI)

Indonesia

Perkumpulan Inisiatif

Israel

Friends of the Earth Middle East

Kenya

Jamaa Resources Initiatives

Kyrgyzstan

UNISON – Civic Environmental Foundation

Kyrgyzstan

Economic Policy Institute “Bishkek Consensus”

Kyrgyzstan

Secretariat to the Investment Council under the President of the Kyrgyz Republic

Lebanon

Arab NGO Network for Development

Macedonia

Centre for Research and Policy Making

Malawi

Malawi Economic Justice Network (MEJN)

Malawi

The Catholic Center for Social Concern in Malawi

Malawi

Consumer Association of Malawi (CAMA)

Mali

Groupe de recherche en économie appliquée et théorique

Mexico

Interamerican Development Bank

Mongolia

Center for Human Rights and Development

Mongolia

OT Watch

Montenegro

The Network for Affirmation of the NGO Sector

Morocco

Transparency Maroc

Morocco

Democratic Confederation of Labour (CDT)

Mozambique

Mozambique Foundation for Community Development (FDC)

Mozambique

Fórum Mulher

Mozambique

Crozeiro do Sul Instituto de Investigação para o Desenvolvimento

Mozambique

Centro de Integridade Publica (CIP) 

Nepal

Freedom Forum

Niger

Alternative Espaces Citoyens (AEC)

Nigeria

Initiative for Food, Environment and Healthy Society

Nigeria

Nigeria Network of NGOs (NNNGO)

Norway

Norwegian Coalition for Debt Cancellation

Philippines

Philippine Center for Investigative Journalism (PCIJ)

Russia

St. Petersburg Humanities and Political Studies Center

Rwanda

Collectif des Ligues et Associations de Dfense des Droits de lHomme au Rwanda (CLADHO)

Serbia

Transparency International Serbia

Sierra Leone

Society for Democratic Initiatives

Singapore

National University of Singapore, Lee Kuan Yew School of Public Policy

South Africa

Treatment Action Campaign (TAC)

South Africa

Public Service Accountability Monitor (PSAM)

Spain

Access Info Europe

Tajikistan

Bureau of Human Rights and Rule of Law

Tanzania

HakiElimu

Thailand

Focus on the Global South

Tunisia

independent activist

Turkey

Green Peace

Uganda

Create Impact Alliance

Ukraine

International Centre for Policy Studies

United Kingdom

Jubilee Debt Campaign

United States

Jubilee USA

Uruguay

ICD Uruguay (Insitito de Comunicacion y Desarrollo

Uruguay

Social Watch

Yemen

Economics Media Center & Studies

Yemen

Yemen Parliamentarians Against Corruption (Yemen Pac)

Zambia

Treatment Advocacy and Literacy Campaign (TALC)