Phil joined the team from GlobalMarkets newspaper to help edit the coverage of the annual meetings of the International Monetary Fund and World Bank. These were the first in-person meetings since 2019, as the outbreak of the Covid-19 pandemic forced them to be held virtually.
There was a strong feeling among organisers, visiting delegates and media and NGOs that the opportunity to meet and interact made the in-person meetings vastly superior to the virtual ones. That was especially important in October 2022 because of the confluence of a set of major crises including the food shortage, the fuel price surge, the wider inflationary spike, the debt problems facing many low- and middle-income countries and the war in Ukraine.
Phil helped edit the three daily papers that were printed live in Washington, DC, and distributed to the meeting venues and the hotels where delegates were staying. He also wrote two features looking ahead to the challenges facing the IMF and the World Bank.
Phil helped organise the coverage by the magazine GlobalMarkets of the annual meetings of the IMF and World Bank that were held in October 2021. First the second time the annual meetings had to be held virtually because of the coronavirus. This means that the newsroom existed only on Microsoft Teams with editors and journalists reporting from various locations. We built on our experience of 2020 to interact with the organised events through virtual platforms. The newspaper was published as a PDF rather than printed and distributed manually.
He wrote two features analysing key issues that came up at the meetings of the finance ministers and central bankers of the 187 member countries. The first look at the future that surrounded accusations that IMF chief Kristalina Georgieva had put pressure on staff to alter data on China when she was CEO at the World Bank. The feature was converted into a news story as the issue was resolved in Georgieva’s favour on the eve of the start of the meetings. The story is here.
The other looked at the agenda that experts believe that World Bank president David Malpass should pursue to ensure that the multilateral lender remains relevant in the post-Covid era. At its heart is the need for a massive replenishment of the finances of the International Development Association, its arm that gives grants and makes loans to the poorest countries. The story is here.
Phil helped organise the coverage by the magazine GlobalMarkets of the annual meetings of the IMF and World Bank that were held in October 2019 in Washington D.C.. GlobalMarkets is the new name for the magazine Emerging Markets that has covered the meetings of all the multilateral banks for a quarter of a century.
He wrote a number of features analysing key issues that came up at the meetings of the finance ministers and central bankers of the 187 member countries. The features looking at the outlook for the two institutions: the first examined the strategy of new World Bank President David Malpass and the impact he has made so far (here); the second looked at the other new leader – IMF managing director Kristalina Georgieva – and what her tasks here.
He also wrote a number of news stories including: a pledge by new World Bank COO Axel van Trotsenburg to deliver results on the ground (here); a warning by World Bank chief economist Penny Goldberg on the threat deglobalisation poses to its poverty targets (here); and a story on the final stages of the negotiations to secure $80bn for the World Bank’s arm that operates in the poorest countries (here)
He was also heavily engaged in news planning, copy sub-editing and headline writing.