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: analysis In-depth reports on debt and related issues from OneWorld partners.
US political transition threatens Bretton Woods twins
The coming to power of the Republicans in Washington DC, spells deep trouble for the International Monetary Fund and the World Bank. The Bretton Woods institutions will lose their liberal internationalist protectors like Treasury Secretary Larry Summers who believe in using the Fund and Bank as central instruments to achieve US foreign economic policy objectives.
Image: World Bank chief confronted with campaigners © Jubilee 2000
From: Focus on the Global South. 24 January 2001
More about:
United States,
IMF,
Poverty,
World Bank
...As others plead for World Bank's 'salvation'
Ever since the media and political exploits of anti-WTO activists in Seattle, a new dynamic of protest has been in place, directed against institutions accused of pushing liberalization at all costs, writes French international law expert Florent Mazurelle in Les Echos (France, p.65), noting that the World Bank is one of the privileged targets of anti-globalization activists. NGOs have shown that the debate regarding the role of institutions as influential as the Bank has become fundamental.
From: World Bank. 24 January 2001
More about:
World Bank
IMF tool of US foreign policy_
IMF Deputy Managing Director Stanley Fischer, confronting some of the agency's most influential critics on Friday, responded testily to their assertions that the IMF should not have bailed out the Argentine economy last month and that it has become a tool of US foreign policy, reports Reuters
From: World Bank. 9 January 2001
More about:
United States,
IMF
Why should the world care about Africa_
Africa is the birthplace of humanity, home to an eighth of the world's population, and an extraordinary treasure trove of natural resources, But it is wracked by war, sapped by disease, and looted by rulers who have hidden their ill-gotten wealth in other continents. Why should the rest of the world care about Africa_
Image: Street kid in South Africa © Janet Jarman
From: World Bank. 2 January 2001
More about:
Africa,
Corruption,
Debt Relief,
Health,
Poverty
Political will puts relief programme into gear
After crawling at a snail's pace for most of the past four years, the international effort to bring debt relief to the world's poorest countries broke into a gallop as Christmas approached. Mark Atkinson looks at how world leaders and financial institutions worked hard to avoid the embarrassment of missing their deadline for debt relief.
From: Guardian Unlimited. 29 December 2000
More about:
Debt Relief,
G8,
HIPC,
IMF,
World Bank
2000 deadline brought sense of urgency
Can the achievements of Jubilee 2000 be attributed to the tight deadline and coalition structure_ Madeleine Bunting of The Guardian analyses the impact of the Jubilee 2000 movement and questions the future of traditional campaigning methods.
Image: Anne Pettifor
From: Guardian Unlimited. 28 December 2000
More about:
United Kingdom,
Debt Cancellation,
Debt Relief,
Development
Fate of a collapsing country rides on anti-poverty plan
Zambian finance minister Katele Kalumba fears that recently granted debt relief is insufficient to rescue the country from poverty and wants complete debt cancellation.
From: Guardian Unlimited. 28 December 2000
More about:
Zambia,
Debt Cancellation,
Debt Relief,
Poverty
The coming apathy: Africa policy under a Bush administration
Commentary on the prospects for Africa policy under newly elected United States President George Bush. Can public pressure for debt cancellation cross political barriers and make a breakthrough or will complacency set in_
From: allAfrica.com. 15 December 2000
More about:
Africa,
Debt Cancellation
Dakar 2000: Ideas for alternatives
The latest newsletter from ATTAC includes articles on alternatives to the debt crisis and the recent European Union deal on trade in services.
From: ATTAC - Association pour la Taxation des Transactions financières pour l'Aide aux Citoyens. 15 December 2000
More about:
Debt Cancellation,
European Union,
WTO & Trade
Eliminating world poverty: making globalisation work for the poor_
As the UK government release a paper on globalisation, Larry Elliott of the Guardian analyses a more people friendly approach. Solutions suggested include shifting the emphasis of economic reforms from the poorest to the richest nations and special trade terms for developing countries.
Image: Rural poverty in Zimbawe Radio Netherlands Wereldomroep
From: Guardian Unlimited. 11 December 2000
More about:
Employment,
Poverty,
Structural adjustments,
WTO & Trade
Divide and rule out
The internet revolution has still failed to reach 98 per cent of the planet's population. Can the developed countries bridge the digital divide_
Image: Child using computer in Brazil Ashoka - Innovators for the Public Daniela Katzenstein Hart
From: Guardian Unlimited. 14 December 2000
More about:
Development,
Digital Divide
The Myth of HIPC debt relief
World Bank and IMF debt relief schemes have been exposed as inadequate by the example of Zambia. Salih Booker of the Africa Policy Information Center examines the case in detail.
From: Daily Mail & Guardian. 14 December 2000
More about:
Zambia,
Debt Relief,
HIPC,
IMF,
World Bank
Why wait for post-conflict reconstruction_
Research from the University of Oxford which suggests that the international community can help reduce the impact of conflict in developing nations by supporting health services and maintaining food supplies.
Image: Children of Sudan Adrian Arbib
From: ID21. 13 December 2000
More about:
Conflict,
Poverty
Corruption in the developing world blamed on rich nations
Jonathan Steele questions why the UK is slow to punish businessmen who offer bribes abroad and suggests that anti-bribery laws should be added to the British government's white paper on globalisation.
From: Guardian Unlimited. 13 December 2000
More about:
United Kingdom,
Corruption,
OECD
The General Agreement on Trade in Services (GATS): In whose service_
The latest World Development Movement report looks at the threat posed by new trade negotiations to economic development in the South. Analysis of the problems with GATS and a suggested way forward.
From: World Development Movement. 12 December 2000
More about:
Development,
WTO & Trade
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