Bretton Woods Update No.32 January/February 2003

Indispensable or unworkable? The IMF’s new approach to conditionality

by Vivien Collingwood

At Issue|28 January 2003

The IMF says that streamlining will make conditionality more efficient, effective and focused. Careful scrutiny suggests there is still plenty to question in the new approach. read article...

The Fund or the people?

by Mulima Kufekisa Akapelwa

Comment|28 January 2003

Mulima Kufekisa Akapelwa, Economic Justice Programme Coordinator for the Catholic Centre for Justice, Development and Peace, says that IMF-forced privatisation leads Zambians to ask who their government answers to. read article...

Debt arbitration mechanism weakened

News|28 January 2003

Private creditors oppose the proposed “sovereign debt restructuring mechanism” (SDRM) and the Fund seems ready to further dilute a plan that NGOs already considered flawed. read article...

Fund deal with Argentina

News|28 January 2003

After over a year of stalled negotiations, the G7 in mid-January strong-armed the IMF into signing an agreement that will roll over $6.6 billion of Argentina's debt. read article...

Cambodian catch-22

News|28 January 2003

The World Bank is considering withholding funds from Cambodia in response to government moves against Global Witness, an independent monitor of the forestry sector. read article...

Complaints panel finds major problems in Coal India mines

News|28 January 2003

An official report has found that villagers in Eastern India, have suffered harm to their livelihoods as a result of a Bank-backed coal mining project. read article...