International Finances
This section contains documents on World Bank and International Monetary Fund policy, and on debt and other capital flows between North and South.
Market or State?
Editorial by Peter Niggli published in: Alliance Sud News No. 58, Winter 08/09 ...>>
Long goodbye from the Washington Consensus
In May 2008 the World Bank's «Growth Commission» submitted its «Growth Report», in which it distanced itself from the economic prescriptions known as the Washington Consensus. The report states that there is no single recipe for economic development that can be applied to all developing countries. - Article published in: Alliance Sud News No. 56, Summer 2008 ...>>
If the USA were Asia
Editorial by Peter Niggli published in: Alliance Sud News No. 57, Autumn 08. ...>>
IDA 15: Switzerland in a financial bind
The International Development Agency, IDA, a World Bank subsidiary, is in need of 25 billion dollars. That is what it will take if the IDA is to continue providing the poorest countries with cheap credits and grants in the future. Unless its development budget is increased, Switzerland will face enormous problems in bearing its proportional share of the international burden. - Article published in: Alliance Sud News No. 51, April 2007 ...>>
Big business with small credits?
We are hardly likely to see an African woman farmer standing in line in front of a branch of Credit Suisse in this «International Year of Microcredit». What is conceivable, however, is that funds could soon start flowing from the Zurich's Bahnhofstrasse to the poor in the South. Is this a good idea? ...>>
