Towards Alternatives to IMF and World Bank

Cotton Made in Africa: A Field Report by Roger Peltzer

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Towards Alternatives to IMF and World Bank

The planet is 'too big to fail'

The International Monetary Fund (IMF) and the World Bank are controversial among governments and civil society organisations for many reasons: their unfair governance structures, their harmful loan conditionality, and last not least the fossil-based project policies of the Bank. Barbara Unmüßig explores some alternatives.

This article will highlight the following key points: how the financial and climate crises created by the West is devastating innocent countries; how the International Financial Institutions have contributed to these crises, including through imposing policies in developing countries that are rarely implemented by industrialized countries; and how these problems must be addressed through new governance arrangements and more vital civil society movements that insist on a Green New Deal for all countries ...

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>>> WDEV Dossier: The Global Crisis and the South

China's Amazing Rise in Organic Food Production / The Tobin Tax Lives Again

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WDEV Recent Issues

Issue 3/May-Jun 2010
Minister Niebel's Leitmotiv: German Interests + Greece's Baltic Future + World Bank and Gender + Trade Union Rights
Issue 2/Mar-Apr 2010
Making the MDGs More Sustainable + Lisbon Treaty and EU Development Cooperation + Reconciling and Livestock Production? + The IMF's Green Fund
Issue 1/Jan-Feb 2010
The Superiority of the Financial Transaction Tax + Global Unemployment on Record Levels + New Beginning in European Development Policy? + Clean Development for the South
Issue 6/Nov-Dev 2009
Global Economic Prospects for 2010 + Does Copenhagen Really Matter? + Quo Vadis, German Development Cooperation? + Mapping Social Protection in South Asia
Issue 5/Sep-Oct 2009
A New Exchange-Rate Management + Dams and Corruption + World Bank Promotes Land Grab + ODA and Low Tax Countries
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WDEV Highlights

Pressure on Workers Grows as Crisis Hits Jobs
The ITUC's Annual Survey of Trade Union Rights has documented a dramatic increase in the number of trade unionists murdered in 2009, with 101 killings - an increase of 30% over the previous year. The new Survey also reveals growing pressure on fundamental workers' rights around the world as the impact of the global economic crisis on employment deepened.
Minister Niebel's Leitmotiv: "German Interests"
Barely in office, German development minister Dirk Niebel unambiguously mapped out the road: he wants to ensure that development cooperation once again focuses on German interests. This position provoked-probably intentionally-protest from the greater part of the German development community.
The Baltic Future of Greece
Latvia and Estonia show us what Greece may look forward to if it follows the advice it gets from the International Monetary Fund (IMF) and the European Union. As noted previously, Latvia has experienced the worst two-year economic downturn on record, losing more than 25% of GDP, a recent study shows.
Greece: A European Crisis Needs European Solutions
A group of economists has written an open letter to European policymakers criticising their collective failure to address the Greek crisis as a European crisis. It sets out the various causes of the Greek crisis, of which poor fiscal management by that country is only one, and points out the European dimension of the problems. It calls for decisive and coordinated policies by European and national actors to stem the crisis.
IEG Evaluated World Bank's Gender Support
The evaluation of the Independent Evaluation Group (IEG) of the World Bank's support for gender issues between 2002 and 2008 is of significant relevance in the light of the Beijing+15 review and the launching of gender mainstreaming as crucial strategy for all institutions and organizations.