World Bank @ 80: Radical Restructuring, Not Reforms
The 80th anniversary of the World Bank is a good time to bury the arguments in favor of reforming the institution and strengthen the demand for radical restructuring. The pastContinue Reading
Eight Critical Essays, Eight Decades of the IMF-WB
The 80th anniversary of the International Monetary Fund and the World Bank (IMF-WB) this year presents a timely and important opportunity for civil society and social movements to reiterate and amplify our demand for debt justice. Both institutions have been central in shaping an international financial system that has systematically plundered the Global South, and pushed structural adjustments and neoliberal policies that have caused far-reaching harm to people, communities, economies and the environment. The destruction continues to be inflicted on the Global South today.
On the occasion of this year’s IMF-WB Annual Meeting, APMDD presents Eight Critical Essays on Eight Decades of IMF-WB, an anthology of insightful blog articles written by seasoned activists and thought leaders from social movements in different parts of the world. They provide critical analyses of the IMF-WB’s legacy in perpetuating stark inequalities in global power that continue to allow the net transfer of financial, socio-economic and environmental resources from the Global South to the Global North.
With the publication of this collection, we hope to stress the urgency of putting a stop to the destruction that these institutions have and continue to wreak on peoples and the planet, and that it contributes to further galvanising action towards realizing a profound transformation of the current profit-driven, elite-led and extractivist global financial and economic system.
The 80th anniversary of the World Bank is a good time to bury the arguments in favor of reforming the institution and strengthen the demand for radical restructuring. The pastContinue Reading
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