Sixty years since the historic Bretton Woods conference in New Hampshire led to the creation of the World Bank and the International Monetary Fund, more and more people are critical of the role they play in the global economy. Failed economic reforms imposed on the `developing world’ have proved catastrophic for the vast majority of its citizens while the debt crisis looms larger than ever. Can they be reformed? Or should they be swept away? And what might a world without the World Bank and the IMF look like?
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Long-standing World Bank consultant Peter Griffiths blows the whistle on the damage done, from Russia to Sierra Leone.
The IMF is run by free-market fundamentalists, says former World Bank chief economist Joseph Stiglitz.
Cuba is not quite the multiracial nirvana that Rotimi Ogedengbe was hoping for…
Why two exiled Colombian activists have launched their own ‘world tour’.
The dream of dance, captured by Sri Lanka’s Dhanushka Amarasekara.
How government offices finally discovered computers, by Reem Haddad.
Adam Ma’anit steps towards a world without the IMF and the World Bank.
Resistance to economic ‘adjustment’ is growing with every passing year, as this worldwide round-up shows.
Adam Ma’anit gives the Bank and the Fund a taste of their own medicine.
Two writers who uncover the heart of Africa, introduced by Ike Oguine.
The grassroots SAPRIN network spent years working with the World Bank – only for the Bank to batten down the hatches. Mark Engler reports.
The IMF and the World Bank are the 21st century equivalent of colonial governors, argues Chris Brazier.
Gandalf, wizard of the World Bank, has a dilemma. Should he stand alongside the hobbits and elves of Middle-earth against the powerpointwielding orcs? Or should he go along with IMF mage Saruman’s plan for world domination? A comic extravaganza by b
BourgieBoho-PostPomoAfroHomo by Deepdickollective
The Ordinary Person’s Guide to Empire by Arundhati Roy
North Korea/South Korea by John Feffer
Stevenson Under the Palm Trees by Alberto Manguel
Yet another idealistic comrade turned brutal dictator: Eritrea’s Isaias Afwerki.
The World Bank claims that its environmental policies have been transformed. Pamela Foster sifts through the evidence.
Does repeating a thing make it true? The followers of mainstream economic dogma must surely think ‘Yes’. After the financial crash of 2008 and the malaise ever since, they haven’t changed their tune much. Their prescriptions don’t work but the patients – you or me – are still being dosed with ‘freemarket’ medicine. We’ve worked on this edition in the spirit of providing something of an antidote. The economic bottom line is inevitable, say the powers that be. Just the way things are. Well, we – and an ever-growing legion of dissenting economists and fed-up-to-the-back-teeth members of the general public – say, ‘No’. These cherished myths are causing real harm and we need to ditch them.
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