Towards Alternatives to IMF and World Bank

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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

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WDEV Recent Issues

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
Issue 4/Jul-Aug 2009
EU Presidency outlook for development + Luxembourg: Tax haven or financial centre? + Moyos book as an opportunity + Crisis in South Asia + New LDC report
Issue 3/May-Jun 2009
The G20's unfinished business: The potential of SDRs + Compensating poor food importers + EU strategy on aquaculture + World Bank suspends labour indicator
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