The IMF has not lived up to its own hype on social protection | Alexander Kentikelenis, Thomas Stubbs and Lawrence King

The International Monetary Fund claims to support health, education and welfare programmes. Yet our research shows enforcing fiscal austerity remains its real concern

The International Monetary Fund (IMF) seeks to promote growth and reduce poverty, but the social consequences of its reforms in the developing world have drawn much criticism.

Yet, factsheets, discussion notes (pdf) and public statements tell us that the IMF is now a changed institution. Taking on board the many criticisms of its practices, the organisation reformed itself: social spending is protected, health and education are prioritised, and welfare programmes are supported.

Related: IMF and World Bank are losing clout in developing countries | Mark Weisbrot