The IMF is Back? Think Again
Accounts that herald the IMF’s “revival” are premature and superficial.
World Bank Corruption
The Bank’s management tried to stifle an internal report that found that its funds are vulnerable to theft and diversion.
Pirate Bankers, Shadow Economies
Corruption isn’t just about corrupt leaders and their private stashes. The international financial community is also part of the problem.
G20 and Global Poverty
Heres the good, the bad, and whats next.
U-20: Will the Global Economy Resurface?
Like an injured German U-Boat, the global economy continues to sink. Columnist Walden Bello asks: Can the G-20 meeting bring it back to the surface before we all perish?
Paying our Climate Debt
Why the World Bank can’t be the Climate Bank.
Swear Off ‘Market Fundamentalism’
As long as U.S. officials continue to refuse to face the reality of a post-market fundamentalist world, they will further contribute to the crisis.
Towards an Economic System that Works for People and the Planet
A civil society statement on the G20 summit from IPS Director John Cavanagh and coalition members.
Book Event: Broad and Cavanagh’s ‘Development Redefined’
Welcome in fittingly the World Bank and IMF annual meetings with a discussion of the newest book by American University professor Robin Broad and Institute for Policy Studies Director John Cavanagh. Entitled Development Redefined: How the Market Met its Match, the book chronicles the rise and fall of the market-worshipping Washington Consensus, and lays out people-based alternatives to corporate-led globalization. Broad and Cavanagh have written award-winning books on globalization and development, as well as a series of articles on the development debate in Foreign Policy and World Policy Journal. IPS is co-sponsoring this event with ActionAid USA, the AFL-CIO, the Alliance for Responsible Trade, Bank Information Center, Center for Economic and Policy Research, Center of Concern, the 50 Years is Enough Network, Friends of the Earth US, the Heinrich Boell Foundation, International Labor Rights Fund, International Trade Union Congress, Jubilee USA, the Maryknoll Office for Global Concerns, the New Rules for Global Finance, and Oil Change International.
How Badly Can the ‘Experts’ Ruin the Planet?
Look no further than the World Bank to see how many economic, social, and environmental problems so-called experts can make worse.
Climate Change and the World Bank: Help or Hindrance?
Dirty is the New Clean
A Critique of the World Bank’s Strategic Framework for Development and Climate Change.
Carbon Finance: Focus on the World Bank and International Offsets
The World Bank Takes the Money and Runs from Chad
After funding a predictable boondoggle of a pipeline, the international lender hightails it out of an impoverished African nation.
The World Bank Takes the Money and Runs from Chad
After funding a predictable boondoggle of a pipeline, the international lender hightails it out of an impoverished African nation.