Bangladesh conference speaks out against IFIs (Bretton Woods Project)

Bangladesh conference speaks out against IFIs

Civil society representatives from Bangladesh, India and Pakistan met at a December workshop in Dhaka on international financial institutions and debt, and said that it was time to free the region from the IFIs. The conference - organised by South Asia Alliance for Poverty Eradication, Institute of Environment and Development and Vikas Adhyayan Kendra - highlighted that South Asian countries have long suffered from a debt burden and neoliberal policy pressures from the IFIs. They proposed a South Asia Development Bank for mutual financing of development activities in the region.

Destructive development: A case of ecological debt in Bangladesh Comment|Ahmed Swapan|20 November 2009|update 68|url
'Development' has become synonymous with destruction in Bangladesh as many of the so-called development projects, financed mainly by the International Financial Institutions (IFIs), have huge negative impacts on the ground. They have added to the global north's 'ecological debt', which must now be repaid. read article...
Unjustifiable Bank domination over climate funds in Bangladesh Comment|Md Shamsuddoha and Rezaul Karim Chowdhury|20 November 2009|update 68|url
World Bank's record in Bangladesh shows there is no place for it in a just response to climate change, but it is set to dominate the new fund for adaptation in Bangladesh. Civil society critics speak out. read article...
IMF flees Bangladesh Comment|Anu Mohammad|4 December 2007|update 58|url
An IMF mission visited Dhaka in September 2007 to sign a PSI and put another chain around the country's neck. But the people of Bangladesh did not behave as the mission expected. They said a loud “NO” to the IMF mission. read article...