A letter from Haitian solidarity NGOs, faith groups and academics was sent to president Wolfowitz in August to protest the Bank’s mis-portrayal of the situation in the country. In late July, the Bank posted a banner headline on its website boasting that “new schools, roads, and jobs are among the achievements of the interim cooperation framework, Haiti’s economic, social and political recovery programme.” The letter’s authors pointed out that Haitian GDP declined in the year ending September 2004, living standards have plummeted and human rights violations by the state and police continue.
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Last year BRICS' leaders agreed to launch a BRICS development bank. Whether this is considered positive depends in part what questions are being asked. Sameer Dossani of ActionAid International highlights the flaws in the World Bank and IMF, analyses whether a BRICS Bank could be different from these institutions and proposes what it should do and what it should look like.
The Bretton Woods Project is an ActionAid hosted project (UK registered charity no. 274467).