Conditionality impacts

Conditionality

News

Korean workers lawsuit against IMF thrown out

A South Korean court has rejected a lawsuit filed by a group of labour unions against the IMF for alleged policy mistakes.

15 April 2000

Conditionality

News

Chiluba attack on IMF

Zambian President, Fredrick Chiluba has blamed the IMF for Zambia’s economic problems, saying that the IMF’s reforms, advocated by rich countries, had brought unemployment and a rise in poverty levels.

15 April 2000

Conditionality

News

Provocative report on IMF and World Bank reforms

A US Congress commission, which reported in March, called for major cut backs in World Bank and IMF activities.

15 April 2000

Conditionality

News

UK ED quizzed on UK role in Bank and Fund

In October UK Executive Director Stephen Pickford was called before the Treasury and International Development Select Committees for questioning by MPs.

15 December 1999

Conditionality

News

IMF crisis conditions reviewed

A new review of IMF conditionality will assess the conditions applied to financial crisis countries, and recommend future approaches.

15 December 1999

Conditionality

News

Southern organisations demand end to adjustment

Organizations and activists in more than 20 Southern countries have launched a campaign against the destructive lending policies of the World Bank.

15 December 1999

Conditionality

News

The IMF’s ESAF: is it working?

In August the IMF produced a “question and answer” paper on its Enhanced Structural Adjustment Facility.

15 September 1999

Conditionality

News

PNG Government avoids conditionality

Relations between the Bank and the government of Papua New Guinea were strained in July by the government’s decision to issue bonds to raise money from the private sector.

15 September 1999

Conditionality

News

Social Principles limited to crisis situations

The Bank’s paper on best practices for implementing the social principles will be discussed by the Board on 10 September.

15 September 1999

Conditionality

News

WB-IMF orthodoxy rivalled by Asian Development Bank

The Asian Development Bank Institute (ADBI), led by its new head Masaru Yoshitomi, has mounted an attack on the IMF’s use of conventional policies for dealing with the crisis in Asia and plans to hold meetings and seminars to challenge the IMF’s approach at the Bank/Fund annual meetings.

15 September 1999