IMF's Surcharges as a Threat to the Right to Development.

This article focuses on the implications of the IMF's surcharges policies, jointly with its de facto preferred creditor status, on the right to sustainable development of sovereign borrowers. The article argues that, while surcharges are not effective in limiting access to IMF credit, they inequitably distribute the IMF's operating costs, are disproportionate, pro-cyclical, very costly for developing countries, and non-transparent. Furthermore, if surcharges are theoretically a way to protect the IMF from potential risks of default, the article questions the IMF's de facto preferred creditor status, as it precisely denies the possibility of granting debt relief in case of insolvency, ultimately affecting the right to development of -mainly- middle-income borrowing countries.

Bretton Woods' Pandemic Policies: A Gender Equality Analysis-Perspectives from Latin America.

Using a human rights and feminist economist perspective, this article analyzes the emergency financial policies deployed by international financial institutions (IFIs)-in particular the IMF and the World Bank-to help countries in Latin America cope with the COVID-19 crisis. Looking at the macroeconomic and fiscal assumptions behind IMF loans to countries, it identifies clear signals that fiscal discipline and pro-market options will continue to be priorities as soon as the emergency has been overcome. The study explains how recent adjustment and austerity policies adopted by a number of countries have disproportionately affected women's human rights, reinforcing the invisibilization of gender inequalities in domestic and care work and in turn, making women even more vulnerable to the impact of the pandemic and resulting economic recession. It concludes that in order to properly consider the conditions of IFI loans, countries must evaluate the probable impact of these financial contracts on people's human rights, and in particular on gender equality.

Assessing the Gender-Sensitivity of International Financial Institutions' Responses to COVID-19: Reflections from Home (with Kids) in Lockdown.

This reflection considers recent United Nations' normative developments in international human rights law and their potential to assess, with a gender perspective, retrogressive economic policies being promoted by International Financial Institutions (IFIs) in the context of the COVID-19 pandemic. Orthodox and androcentric economic policies, such as structural adjustment, austerity, privatisation and deregulation of labour and financial markets, normally have devastating effects on women's rights. Yet, the financial responses with which IFIs are trying to help states manage the effects of the pandemic seem to continue promoting those androcentric economic policies. This piece concludes that ex ante human rights and gender impact assessments of multilateral loans' conditionalities should be conducted and that women's participation in this process as well as access to adequate quantitative and qualitative data to understand the differentiated effects of those economic policies on gender equality, are crucial. These reflections were born out of the authors' own family and country challenges.