Comments (Bretton Woods Project)

Dr Kim, where is Mongolia's economic diversification?

Comment|Sukhgerel Dugersuren|8 April 2013|update 85|url

In late February the World Bank's private sector arm, the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD) boards decided to spearhead a $4 billion dollar syndicated loan to a copper, gold and silver mine located in the Gobi Desert in Mongolia. An increasing number of people believe that it is going to lead Mongolia to dependence on one product and one corporation, driving the country into deep insecurity. read article...

Cyprus - whose crisis?

Comment|Petros Kosmas|28 March 2013|update 85|url

The economic crisis in Cyprus erupted during the second cycle of the European recession of 2011 as a result of harsh austerity policies imposed since 2010 in Europe. It is a new crisis born of a failed response to the original European crisis. read article...

Hastily introduced World Bank projects threaten to undermine peace process in Burma

Comment|Khin Ohmar|22 January 2013|update 84|url

In late 2012 the World Bank announced its first lending to Burma in over 20 years. The concern among many grassroots activists, however, is that the areas to which this money will be funnelled are still in the earliest stages of the peace process, and that huge influxes of money will undermine efforts for sustainable peace. read article...

The IMF in Egypt: revolution or coming full circle?

Comment|Amr Adly|26 November 2012|update 83|url

The Egyptian government has finally concluded an initial loan agreement with the International Monetary Fund (IMF) following two years of continual negotiations. read article...

World Bank making poverty worse in Kosovo

Comment|Nezir Sinani|3 October 2012|update 82|url

Before joining civil society organisations (CSOs), I worked for Kosovo's state-owned power company for many years. During my time there I learned how the coal industry works and how much it negatively affects every segment of our lives. Already two years ago, Kosovan CSOs warned the World Bank that things would not turn out well for Kosovo should the Bank continue supporting and pushing for coal development projects in the country. read article...

An easy call: IFC should quit MRL mining project

Comment|Edel Garingan|3 July 2012|update 81|url

The IFC should terminate its support to MRL's Philippine mining venture for not following their guidelines, and more than that, for ignoring the Philippine law concerning indigenous peoples. read article...

Accountability squandered? World Bank should wait for justice in Cambodia

Comment|Natalie Bugalski and David Pred |22 June 2012|update 81|url

Despite a 2011 victory in Cambodia, where a mass eviction in the centre of Phnom Penh was halted and remaining affected families finally gained legal title to the land they had been wrongly denied under a World Bank project, recent arrests have put justice in jeopardy and led to calls for a continued lending freeze by the Bank. read article...

IFIs and labour markets some things never change

Comment|Adhemar Mineiro|5 April 2012|update 80|url

The G20 has ensured that the IFIs are receiving increasing resources to deal with the economic crisis. However, the institutions are resisting the drive to find new paths for world development, particularly for ensuring jobs and employment, and instead remain attached to dogmatic liberal principles and recommend the same old-fashioned liberalisation proposals that have driven the world economy to the deepest crisis since the 1930s. read article...

Comments by southern civil society

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