Debt

Conditionality

News

Argentine bail-out causes more hardship

After weeks of jockeying by the Argentinian government, the IMF and the US Treasury Department finally agreed to provide $18 billion to bailout Argentina’s troubled economy in November.

12 December 2000

Finance

News

Turkey in crisis

Turkey is the latest country to be overcome by financial crisis.

12 December 2000

Conditionality

News

New directions for IMF?

“I have a heart” pleaded Horst K

26 October 2000

Finance

News

Brazilians say “no” to debt and the IMF

In Brazil a national plebiscite on External Debt, held in September, rejected the government’s agreement with the IMF and its commitment to full debt repayment at whatever cost.

26 October 2000

Finance

News

New Bretton Woods Project report on capital flow implications

The Bretton Woods Project is about to publish a report examining the role of the World Bank and IMF in promoting private investment in developing countries, and the true costs and benefits of international financial flows.

15 September 2000

Finance

News

Oxfam report on poverty targets

Missing the Target reviews progress towards the international development targets for 2015, highlighting the danger that none of the targets will be met.

11 August 2000

Finance

News

New book on debt origins and impacts

Brazilian activist Marcos Arruda exposes the problems with his government’s economic policies and the role of the IMF in a new book.

11 August 2000

Finance

News

Brown’s Committee Is “Political Whitewash”

Bank and Fund staff have complained that the Joint IMF-World Bank Implementation Committee (JIC), which has been established to coordinate work on the Heavily Indebted Poor Country (HIPC) Initiative and the Poverty Reduction Strategy Papers (PRSP) program is just “political whitewash”.

14 June 2000

Finance

News

Bank Report Counters Globalization Critics

In April the World Bank launched a new briefing Assessing Globalization, examining the implications of international trade for poverty, inequality and the environment.

14 June 2000

Finance

News

IMF “Lending Into Arrears” In Ecuador

The new IMF policy of “lending into arrears”, that is lending to countries in financial crisis with debts owing to the private sector, has been applied to Ecuador.

14 June 2000