Meeting with Rick Rowden, RESULTS, 31 May 2002
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The Reality of Aid 2002, produced by a coalition of NGOs states that, rather than being phased out, loan conditionality is actually being strengthened under the rubric of “ownership” and “aid effectiveness”.
According to Action Aid, famine in Malawi has been compounded by World Bank-guided food policies.
Studies from Malawi, Ethiopia, Uganda and Cambodia fault the PRSP process for failing to provide space for a real debate of policy alternatives, and for a lack of transparency and accountability.
The number of pundits up in arms over the IMF’s handling of the crisis in Argentina continues to mount. The most recent selection includes Brazilian President, Henrique Cardoso, and ex-World Bank Chief Economist, Joseph Stiglitz.
G8 leaders put terrorism, NEPAD and education on the agenda for the June summit in Western Canada. Activists organize a parallel summit in Calgary and a “solidarity village” in Kananaskis. Meanwhile, African NGOs criticize NEPAD as a re-hashing of neo-liberalism.
The World Bank and DFID are moving forward with test approaches to improve the assessment of the social impacts of economic policies.
A broad coalition of organisations is challenging the plan to privatise Ghana’s water system. They complain that the World Bank and IMF-promoted scheme will not extend services to poorer people or ensure fair pricing. The deal - which the IMF has just made part of its new conditions for Ghana - reflects the biases of the consultants which drew it up at a cost of $3million.
The Nigerian government has cancelled its IMF programme. IMF spokesperson tests Argentinians’ sense of humour by agreeing that mistakes may be made again in the future. He explained: “that is economics. And that is why it is so much fun”.
Asian NGOs recently commented on the problems they face with PRSP processes in their region. A Focus on the Global South study questions achievements in Lao PDR, Cambodia and Vietnam while Bangladeshi organisations have mounted a challenge to the process in their country. See also: