the World Bank (WB). Finally, we find evidence of synchronization between MDBs and IMF during fiscal crises. …

cancel 100 percent of their outstanding debt claims on the world's poorest countries. Through the Multilateral Debt Relief …. Moreover, the World Bank, African Development Bank, and IMF shareholders approved a new debt sustainability framework to govern … raise serious questions about the finality of these actions. First, World Bank and AfDB lending disbursement volumes to …

In this article, I review the World Bank's response to the global financial crisis that began in the fall of 2008. I … show that the World Bank significantly increased lending after the crisis began. The majority of this new lending went to … middle-income countries rather than to the poorest countries of the world. At first glance, this might seem like the Bank was …