Conditionalities and Structural Adjustment |
Fri Feb 12 2010- ContraLínea
World Bank ordered Mexico to liberalize productive sectors
In 2010, the government of Felipe Calderon will get a World Bank loan of 1.5 billion dollars; in exchange, it will amend the tax system, make the labor market more flexible and liberalize trade even more. With this commitment, three years after taking office, the Calderon administration's debt with the Bank reaches nearly 6 billion dollars. Commitments have been granted through 19 "active" projects that must be cleared in an average period of 15 years.
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Mon Jan 04 2010- Gender Action
Gender Action Link: Gender, the IFIs and Debt
This publication highlights how International Financial Institution debt exacerbates the feminization of poverty and undermines gender equality. The Link specifically examines typical gender impacts of IFI loan conditions on female workers such as an increase in the amount of care-work for women and the exclusion of poor women and girls from essential health services. (pdf format)
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Tue Oct 06 2009- Solidar - Eurodad
Doing a decent job? A new report on the IMF shows a leopard who cannot change its spots
Published on the eve of the International Monetary Fund (IMF) and World Bank Annual Meetings to be held in Istanbul on 6-7 October, "Doing a decent job? IMF policies and decent work in times of crisis", critically examines the situation faced by those most vulnerable in the wake of government cuts imposed by the IMF’s tight fiscal policies in El Salvador, Ethiopia and Latvia.
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Thu Sep 10 2009- Bank Information Center
World Bank DPL to Brazil: Moving money or mainstreaming environmental sustainability?
This article discusses the changing relationship between the Bank and Brazil within the context of a new $1.3 billion Development Policy Loan (DPL). It includes a review of the background and concerns associated with development policy lending since 2004, and then offers a detailed analysis of the Brazilian Sustainable Environmental Management (SEM) DPL.
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Mon Sep 07 2009- IFIs Latin American Monitor
Argentina and the IMF: A path full of signs
The approach of the International Monetary Fund (IMF) to the Argentine government is in full process. However, conversations and options proposed are not free of tensions. Everybody knows that Argentina’s return to the IMF has political consequences. Anyway, recent events show that the path is full of signs.
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Fri Sep 04 2009- Cash, Página 12
Returning to the IMF is not for free
In the past weeks, several voices were heard in favour of Argentina’s return to the IMF, allowing the institution to carry out the review of the economy known as Article IV. The last review was carried out in 2006 and, since then, it has been put off by the government. Those who support this review maintain that it would operate as a "seal of approval" for the economic administration, which would grant access to external finance from the IMF and private investors. It could be thought that in a context of external constraint and recession, this contribution would be useful for the implementation of counter-cyclical policies that may reduce the impact of the economic crisis. Nevertheless, the Fund’s operating rules and economic history certainly allow to pose question marks on this approach.
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Structural adjustment policies were instruments promoted by IFIs in the 1980s. The Washington Consensus institutionalised and legitimised the implementation of neoliberal policies: privatisation, deregulation, liberalisation of markets, etc. Some years later, the failure of these policies has been more than proved, and in discourse a post-Consensus era is taking place - “good governance” - although the fulfilment of conditionalities that determine financial assistance is still in force. |
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Civil Society letter on IMF review of lending instruments, facilities, and policies
Parliamentarians’ Declaration for shared responsibility in sovereign lending
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Center for Economic and Policy Research
The Center for Economic and Policy Research (CEPR) was established to promote democratic debate on the most important economic and social issues that affect people's lives.
Center for Economic Justice (CEJ)
Center for Economic Justice (CEJ) aims to strengthen international movements that counter corporate-driven globalization and promote more just policy alternatives. CEJ also links global South networks with U.S. community groups, activists, and policy advocates, with the goal of fostering and strengthening cooperation.
Center for International Environmental Law (CIEL)
The Center for International Environmental Law (CIEL) is a nonprofit organization working to use international law and institutions to protect the environment, promote human health, and ensure a just and sustainable society. CIEL provides a wide range of services including legal counsel, policy research, analysis, advocacy, education, training, and capacity building.
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UN climate conference – Copenhagen, December 2009
The global financial crisis: implications for the South
Gender in economics
The Bank of the South: An alternative to the IFIs?
Financing for Development
Initiative for Integration of Regional Infrastructure in South America - IIRSA
External debt
World Bank
International Monetary Fund - IMF
Climate change
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