IFI governance


ILO Africa Director rebukes WB and IMF

24 July 2002

Africa Regional Director for the ILO, Regina Amadi-Njoku, at a trade union conference in Nairobi, said globalisation was responsible for the decline of Africa’s status in the global economy. “Governance is now the province of monetary entities such as the IMF, World Trade Organisation and the World Bank, who despite their concerns with good governance for the purpose of facilitating economic development, are not accountable to the constituents of any given nation.”

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