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.
Finance
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.
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.
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.
Finance
News
Taming Global Finance
Financial liberalisation has created volatility in financial markets, threatening the orderly running of national economies.
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.
Finance
News
Drowning By Numbers - Executive Summary
While the cost of using bilateral contributions to finance multilateral debt reduction is relatively high, this would not be the case if genuinely additional resources could be generated
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.
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”.
Finance
News
Stiglitz supports workers
In a parting shot as he departed the Bank on February 1st, Joseph Stiglitz, in an interview with the International Herald Tribune, said the interests of poor countries had not been “adequately represented in a lot of the international fora”, even when decisions were potentially harmful to them.
