Bretton Woods Project - Critical voices on the World Bank and IMF

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Eastern Europe and Central Asia

Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Kosovo, Latvia, Lithuania, Macedonia, Moldova, Republic of, Poland, Romania, Russian Federation, Serbia and Montenegro, Slovakia, Slovenia, Ukraine; Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Tajikistan, Turkey, Turkmenistan, Uzbekistan. read more background...

Items 1 to 10 of 55

IMF conditions stoke controversy, prompt strikes

News|Bretton Woods Project|22 September 2009|update 67|url

The IMF's loans across Europe, from Iceland to Romania are stoking deep controversy and protest. Resistance is building from civil society aganist the austerity benig imposed. read article...

Hungary and the IMF: indebted future

Comment|Zsolt Boda|10 July 2009|update 66|url

In Hungary, the IMF seems to be modestly improving its flexibility and conditionality compared to its dreadful practices in previous decades. However, a still distinctively neoliberal vision of how economies work is in play attributable as much to the Hungarian government as to the IMF. The deficits of democracy and poor economic governance in Hungary make our indebted future increasingly bleak. read article...

Clarification: Armenia corruption Allegations

News|Bretton Woods Project|23 April 2009|update 65|url

We would like to appologise for any confusion due to an article in Update 62 on water privatisation. In discussing a Bank project in Yerevan, Armenia, it may not have been clear that all statements about tendering the parliamentary commission, water services, and project material were allegations from the Government Accountability Project (GAP) report. read article...

Karachaganak: IFC still out of compliance

News|Bretton Woods Project|16 February 2009|update 64|url

The International Financial Corporation is still out of compliance more than 6 months after findings by the Office of Compliance, Advisor/Ombudsman (CAO) found it to have disregarded its own regulation of toxic chemical emissions at Karachaganak Oil and Condensation Field in Western Kazakhstan. read article...

Pipe dreams shattered in Georgia

News|Manana Kochladze|26 September 2008|update 62|url

The World Bank and others have tried to convince the region's poor that oil pipelines in the Caucuses would bring economic prosperity and strengthen democracy in the region. However, this Caspian oil game is partly to blame for the increased poverty, conflict and misery that now plagues the thousands of citizens displaced in the August conflict in Georgia. read article...

Turkey and the long decade with the IMF

Comment|A. Erinç Yeldan|17 June 2008|update 61|url

In May Turkey ended its latest stand-by agreement with the IMF. To some this meant the long awaited declaration of autonomy for Turkey and the loss of the final "consumer" for the IMF. For others who adhere to the neoliberal orthodoxy, this meant the graduation of Turkey and the successful completion of the IMF programme. The reality is that neither is correct. read article...

IMF-sponsored pension reform prompts Turkish strikes

News|Bretton Woods Project|1 April 2008|update 60|url

In early March Turkish unions conducted a two hour "warning strike" to protest against IMF-supported plans for pension plan and health insurance reform. read article...

IMF rebukes Tajiks over false information

News|Bretton Woods Project|1 April 2008|update 60|url

Tajikistan has gotten itself in hot water with the IMF over poor reporting of information while the country was borrowing money from the Fund. read article...

Turkish bankers, unions question need for IMF

News|Bretton Woods Project|5 October 2007|update 57|url

The governor of the Turkish central bank, Durmuş Yılmaz, cast doubt on whether Turkey would renew its arrangement with the IMF. read article...

Serbia pays out, Turkey next?

News|Bretton Woods Project|2 April 2007|update 55|url

Serbia became the latest country to retire its debt to the IMF earlier than anticipated. The National Bank of Serbia paid out 15 March the final $230 million of debt that was not due for full repayment until 2010. read article...

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