Finance
Analysis
Real World Economic Outlook, Ann Pettifor
A counter-report to the IMF's bi-annual World Economic Outlook has been prepared by two UK NGOs.
A counter-report to the IMF's bi-annual World Economic Outlook has been prepared by two UK NGOs.
The World Bank and aid agencies are accused of causing famine and ignoring corruption and incompetence in revelations that will send shockwaves through the development community.
Consultant Peter Griffiths had a choice: speak up against World Bank action in Sierra Leone and prevent a famine, or be silent and save his career.
The UK Department for International Development (DFID) is drafting a strategy which will cover all aspects of DFID's work and relationships with the World Bank, and should be based wherever possible on the Bank's own reform efforts. The strategy will focus on short to medium term objectives and have a lifespan of 3-5 years.
The IMF is to deliver a stinging rebuke to the US government for lack of budget discipline and excessively optimistic assumptions about spending and tax revenues.
Honduran protesters angry at International Monetary Fund-inspired economic reforms clashed with security forces and briefly stormed Congress.
Dubai will not tolerate riots during the upcoming meeting of the IMF and World Bank in the emirate although peaceful protests will be allowed.