Global Geopolitics & Political Economy / IPS By Jim Lobe WASHINGTON, Apr 4, 2011 (IPS) – Nearly 60 international civil society organisations urged the executive board of the International Monetary Fund (IMF) Monday to earmark some 2.8 billion dollars in profits from the agency’s gold sales for cancelling the debts of the world’s poorest nations. [...]
LABOUR-SWAZILAND: Jobs to be Cut to Secure International Loan
November 10, 2010 By
Global Geopolitics & Political Economy / IPS By Mantoe Phakathi MBABANE, Nov 9, 2010 (IPS) – Thousands of public servants in Swaziland are due to lose their jobs in cutbacks as part of a government bid to gain approval from the International Monetary Fund for a loan. But some Swazis would rather see the budget [...]
IMF Criticised for "Fancy Footwork" over Real Reforms
November 9, 2010 By
Global Geopolitics & Political Economy / IPS By Matthew O. Berger WASHINGTON, Nov 8, 2010 (IPS) – In what the International Monetary Fund is calling a historic moment, the institution approved long-awaited reforms Friday that would shift some decision-making weight to emerging economies. Some NGOs, however, do not see the reform as nearly that momentous. [...]
Kirchner Rescued Argentina’s Economy, Helped Unite South America
October 28, 2010 By
Global Geopolitics & Political Economy Originally published on the Guardian Unlimited, October 27, 2010 Read the article in its original form on the Guardian website En Español By Mark Weisbrot The sudden death of Néstor Kirchner today is a great loss not only to Argentina but to the region and the world. Kirchner took office [...]
Compromise on Reforms Eludes IMF Fall Meetings
October 10, 2010 By
Global Geopolitics & Political Economy / IPS By Matthew O. Berger WASHINGTON, Oct 9, 2010 (IPS) – When the annual meetings of the World Bank and International Monetary Fund got under way this week, the agenda ranged from ongoing talks about "currency wars" between countries to how to maintain progress on poverty reduction in the [...]
Scrambling for a Solution on IMF Governance Reform
October 8, 2010 By
Global Geopolitics & Political Economy / IPS By Matthew Berger WASHINGTON, Oct 7, 2010 (IPS) – Among the topics expected to be discussed at the annual meetings of the World Bank and International Monetary Fund (IMF) that started this week and will continue through the weekend is the reform of the IMF’s governance. The latest [...]
U.S. and Europe Battle to Continue Dominating IMF
September 30, 2010 By
Global Geopolitics & Political Economy / IDN By J Chandler IDN-InDepth NewsAnalysis TORONTO (IDN) – The much-awaited governance reform of the International Monetary Fund (IMF) has been thrown into disarray by a battle of attrition between the U.S. and Europe over reducing European board seats. Other promised reforms, including voting shares and leadership selection, also [...]
HUNGARY: Austerity Fatigue sends IMF Home
August 2, 2010 By
Global Geopolitics & Political Economy / IPS Analysis by Zoltán Dujisin BUDAPEST, Aug 2, 2010 (IPS) – Hungarian Prime Minister Viktor Orbán has slapped IMF in the face, shocking an international community used to news of economic difficulties coming from this small Central European nation. But most Hungarians have welcomed it, at least so far. [...]
IMF Pledges Closer Ties with Asia
July 15, 2010 By
Global Geopolitics & Political Economy / IDN By R Kim IDN-InDepth NewsAnalysis SEOUL (IDN) – Asia and the International Monetary Fund are set to build strong ties in run-up to the summit meeting of the Group of Twenty (G20) major industrial nations and emerging economies in November 2010 in Seoul. The Fund’s relationship with Asia [...]
