A former UN special rapporteur on the right to education questions the World Bank's claim to have relinquished its support for user fees in education.
Finance
Analysis
The IMF and capital flight: Redesigning the international financial architecture
25 January 2006
The international financial system facilitates trillions of dollars of capital flight from developing and developed countries to onshore and offshore financial centres, with the active participation of banks and other financial institutions. The consequences are massive tax evasion, a resultant erosion of state budgets, and rising disrespect for the law. The relevant international organisations that, working together, can change this situation are the IMF, the OECD, and the UN.
