Issue 365 of New Internationalist
Reader-owned global journalism
March 2004
IMF world bank (Issue 365)
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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Wild West goes East
Long-standing World Bank consultant Peter Griffiths blows the whistle on the damage done, from Russia to Sierra Leone.
Pharaohs-in-waiting?
At 75 he is the longest-serving President in Egypt’s history, but after 22 years of rule President Hosni Mubarak is in
Time bombs
Fourteen-year-old Teng was working in the fields when his hoe hit what he thought was a stone.
Situations vacant: ‘assistant planters’
When campaigners hit hard against unethical industries, the perpetrators often turn to spin.
Militias active in West Papua
Human-rights observers fear that violence in the easterly Indonesian province of West Papua is set to spiral as the in
The Hospital that makes you Sicker
The IMF is run by free-market fundamentalists, says former World Bank chief economist Joseph Stiglitz.