Post-2024 IMF & WB Annual Meetings: The more things change, the more things remain the same
2024-11-06
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PRESS RELEASE: CSOs demand a stop to IMF, World Bank’s harmful policies – Denouncing decades of destruction, as IFIs’ mark their 80th anniversary
2024-10-15
“Stop the Harm, Reparations Now!” Civil Society Organizations (CSOs) from more than 50 countries, today rallied anew behind the call targeting the International Monetary Fund and the World Bank, in the lead-up to the international financial institutions’ (IFIs) annual meetings in Washington DC. Launching the Global Days of Action againstContinue Reading
Is the WB-IMF paradigm suitable for the Global South?
2024-10-14
The feminist movement has denounced since the 1970s and 1980s the harmful role of the World Bank and International Monetary Fund (WB-IMF) in the Global South. In the 80’s, the Latin American and Caribbean, African and Asian feminist movements were strong in denouncing the connection between austerity measures and theContinue Reading
No to more continued failings by the World Bank and IMF
2024-10-12
For 80 years, the IMF and World Bank have played a key role in the global financial system. However, both institutions have failed to provide resilience and stability to global finance. Their interventions in debt crises have often worsened social and economic inequalities. By focusing on austerity measures, promoting neoliberalContinue Reading
80 years of IMF and World Bank Colonisation of the World — The Sri Lankan Experience
2024-10-10
The International Monetary Fund (IMF) has recently become a prominent topic in Sri Lanka due to the austerity measures it proposed to address the country’s debt crisis. These measures have increased taxes for ordinary citizens, even as the previous interim government warned that Sri Lanka would face further difficulties ifContinue Reading