Sixty years after their founding, the World Bank and IMF remain the dominant institutions in development but face determined opposition to their role in shaping globalisation.
Finance
Finance
News
Disengaging from the Fund: possible and worthwhile?
Some countries have clearly benefited from defying the Fund and as it is clearly often wrong it should have competitors, such as regional monetary funds, which can provide alternative advice and funding.
Rights
News
Iraq and Ethiopia treatment shows debt relief double standards
The differing treatment given to Ethiopia and Iraq in debt relief suggest that geopolitical considerations are again outweighing internationally agreed criteria for fair debt cancellation.
Knowledge
News
IMF and poverty: strange bed fellows
The IMF's capacity and legitimacy to address poverty have been debated by many analysts within…
Conditionality
News
Brazil renews "unnecessary" IMF agreement despite opposition
Brazil and the IMF announced they would renew a financial arrangement at the end of the year, sparking new doubts about the methods and motives of Lula's government. The news came shortly after Rede Brasil, a network of Brazilian NGOs and social movements, urged the government not to sign.
Trade
News
BWI reform discussed at UN dialogues
The Financing for Development (FfD) process held its first high-level follow-up to assess progress over three days in New York, 28 - 30 October.
Finance
News
IMF confronting critics over ‘misunderstandings’
The IMF often seems to consider its lack of popularity is due to misunderstandings. Some IMF critics have written a rebuttal of a recent attempt to present its actions in a more favourable light.
Conditionality
News
Bolivian PRGF a “blind alley”
A new report by Bolivian NGO CEDLA shows that despite a new emphasis on civil society participation and poverty alleviation, the core policies attached to IMF loans have not changed.
Finance
News
IMF chief backs Asian Monetary Fund
IMF Managing Director Horst Koehler was reported as backing an independent Asian Monetary Fund when…
Rights
News
Activist manifesto on global institutions
A new book challenges global institutions and anti-globalisation activists with proposals for stronger but radically…
