Police shot student protesters in Port Moresby, Papua New Guinea in late June. The protesters were objecting to plans pushed by the IMF and World Bank to privatise telecommunications and electricity companies as well as the government-owned bank, airline and the port authority. Trade unions claim that thousands of jobs would be lost and have struck an alliance with prominent student groups. The World Bank and IMF proposals for ‘modernising’ the land ownership system have also been condemned as a thinly veiled land grab by rich individuals and companies.
Review maintains inadequate and inconsistent approach to economic and gender inequality, as well as climate change.
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The Bretton Woods Project is a UK-based NGO that challenges the World Bank and IMF and promotes alternative approaches. We serve as an information provider, watchdog, networker and advocate. Our flagship publications are the Bretton Woods Observer, a quarterly critical review of developments at the World Bank and IMF, the Dispatch, a biannual analysis of the World Bank and IMF Spring and Annual Meetings, and the NewsLens, a bi-weekly roundup of key news and critical viewpoints published about the World Bank and IMF.
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