In December a meeting of campaigners in Dakar, Senegal assessed Africa’s debt crisis and the human effects of structural adjustment.
The People’s Health Conference 2000 criticized the World Bank’s health policies for being “anti-Third World”.
The UK white paper on globalization - endorsed by the entire UK Government - was published in December.
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.
Turkey is the latest country to be overcome by financial crisis.
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.
OneWorld has launched DebtChannel.org, a global portal site on international debt.
“I have a heart” pleaded Horst K
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.
This report will consider the linkages between financial and capital account liberalization, the implications for governments’ choice of macroeconomic policies and the impacts on poor people.