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.
World Fiction Special
This issue of New Internationalist not only analyses these developments but also showcases four exquisite short stories as examples: ‘Fat’ by Krys Lee from South Korea; ‘In The Garden’ by FT Kola from South Africa; ‘Ghosts’ by the Cuban-American Ana Menéndez; and ‘The Lake Retba Murder’ by Efemia Chela from Zambia and Ghana.
A relic of a bygone era – or a billion-strong social movement fighting for workers’ rights everywhere?
The reality of trade unionism today falls somewhere in between. In the Western world, union-busting laws, globalization and internal conflicts have left many trade unions reeling. In some countries of the Global South, trade unionists face discrimination, danger and even death. Meanwhile, workers’ rights are being sacrificed on the altar of corporate greed gone mad: zero-contract hours, sub-contracting, privatization, outsourcing and special economic zones are all part of a ‘race to the bottom’ being run by transnationals concerned only about their profits.
Yet all is not lost. From Colombia to China, Bangladesh to Barcelona, workers are still fighting for their rights – and, sometimes, winning. This issue, New Internationalist looks at the state of the unions, how they need to adapt to the new reality for workers in the 21st century, and why they are more important than ever.
In a nutshell: the countries most recently featured in the New Internationalist magazine.
Sharp insights from an array of guest writers.
Personal stories from our own correspondents.
Interviews with inspirational people.
Reviews of the latest books, films and music.
Seeing the world through a Southern lens.
A regular column from some of the best writers of the South.
Taking aim at the rich and powerful.
If you would like to know something about what's actually going on, rather than what people would like you to think was going on, then read the New Internationalist.
– Emma Thompson –
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