Protesters carrying placards proclaiming “Africa Needs Liberation Not Charity” and “the Debt is a Fraud” gathered outside World Bank offices in London on 26 May to mark African Liberation Day.
Debt
Finance
News
Reality check on debt
A new report from Drop the Debt argues that the World Bank and IMF can afford to cancel in full the debts of the poorest countries without putting at risk their finances.
Rights
News
Financial crises and global slowdown capture IMF-World Bank spring meetings agenda
The global economic slowdown and donor countries’ differing views on what to do about it, pushed issues related to the world’s poorest nations to the sidelines of public debate on this year’s spring meetings of the IMF and World Bank.
Finance
News
Africans query World Bank, IMF governance mantra
A week-long “listening tour” brought World Bank President James Wolfensohn and IMF Managing Director Horst K
Finance
News
Social legacy of Indonesia’s crisis
A new pamphlet from UNICEF details the social legacy of Indonesia’s financial crisis.
Finance
News
PRSP case studies report
A new report summarises some of the continued challenges for participatory poverty reduction processes.
Finance
News
Health policy attacked
The People’s Health Conference 2000 criticized the World Bank’s health policies for being “anti-Third World”.
Finance
News
Dakar 2000: from resistance to alternatives
In December a meeting of campaigners in Dakar, Senegal assessed Africa’s debt crisis and the human effects of structural adjustment.
Finance
News
Loans for El Salvador emergency
The World Bank was accused of “behaving like vultures, like loan sharks” by US NGO 50 Years is Enough Campaign after it offered to help finance emergency relief efforts in El Salvador in the wake of January’s earthquake.
Rights
News
New “Net the debt” site
OneWorld has launched DebtChannel.org, a global portal site on international debt.
Featured briefings
21 July 2022
Ending “absolute immunity” for the International Finance Corporation: The legacy of Jam v. IFC
EarthRights International examines how the Jam v. IFC case has helped to shift the landscape of accountability for international financial institutions by successfully challenging their claim to “absolute” immunity in US courts, potentially opening IFC up to further legal challenges in future.
21 July 2022
The Bretton Woods Observer: Summer 2022
14 April 2022