As 80% of the money the World Bank uses to make its loans actually comes from the sale of bonds to institutional investors (pension funds, universities, municipalities, etc.
Activism
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Project recognised in networking award
The Bretton Woods Project was first runner up in GreenNet’s Networker of the year award for its website, launched last year.
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Peaceful Protests Raise Awareness
In April, thousands of protesters gathered in Washington DC to close down the World Bank and IMF Spring Meetings.
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Ministers Support Protesters
Leaders attending the G77 meeting of developing countries in Cuba in April, also lent their support to the protests in Washington against the IMF and World Bank.
Rights
Analysis
The power of World Bank knowledge
By Michael Goldman * For the enormous power and global reach the World Bank has…
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Washington focus for globalisation protests
Activists from across the US will converge in Washington to protest at the IMF and World Bank Spring Meetings.
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Thai activists accuse IMF of neglecting poor
In February, about 300 activists from the Student Federation of Thailand, the Forum of the Poor and labour groups burnt effigies of IMF managing-director Michel Camdessus and some Thai politicians in a protest in Bangkok where officials were attending the UNCTAD-X meeting.
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Jakarta activists call for local initiatives
NGO activists in Jakarta wrote an open letter to World Bank President James Wolfensohn in February, asking him to meet directly with the people to hear their own solutions to reverse Indonesia’s economic decline based on small-scale, local initiatives.
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Toolkits for activists on the World Bank
Washington DC-based NGO Bank Information Centre (BIC) has produced toolkits to help citizens more effectively engage with and influence the World Bank.
Rights
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Bank/Fund videos wanted
Friends of the Earth International, one of the main organisers of the NGO events surrounding the Annual meeting of the World Bank and IMF, this September in Prague, is organising a two day video festival, where documentaries related to IMF/World Bank activities will be shown for a wide audience, connected with debates and presentations.
Featured briefings
14 December 2020
Gambling with our lives: Global emergencies expose consequences of decades of IMF and World Bank policies
Market-led policy approaches increasingly used to deal with both climate and health emergencies are failing to protect those most vulnerable.
10 December 2020
The Bretton Woods Observer: Winter 2020
12 October 2020