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April, 2000 Contents
| Mobilization for Global Justice! Biggest IMF/WB Protests Ever in U.S. |
The massive protests during the WTO ministerial
conference in Seattle in November and December proved that
activists
in the U.S. were ready to join the international movement against
rapacious corporate capitalism. The April protests in Washington,
DC show that Seattle was not just a bump on the road to corporate
domination; that the U.S. and the world now face a major social
movement, one that crosses borders and will not be stopped until
justice is achieved. |
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| Moratorium on Meetings with Bank & Fund 50 Years Calls for Suspension of Northern Groups' Meetings During Mobilization |
With the moratorium
in effect, there will be less chance of distraction from the protest
by claims that discussions of minor reforms are a reasonable
alternative
to protest; instead attention will be focused solely on our calls
for fundamental transformation. |
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| World Bank Book Claims: "We Hear the Poor" A review of the book |
Don't be fooled by the title of this new book from
the World Bank. It contains useful documentation of the symptoms
of global poverty, but it fails to address the causal roots of
inequality... |
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| OUR DEMANDS OF THE IMF AND WORLD BANK |
On the occasion of the first meetings of the governing bodies of the
International Monetary Fund and the World Bank in the 21st century, we call
for the immediate suspension of the policies and practices that have caused
widespread poverty, inequality, and suffering among the world's peoples and
damage to the world's environment. We assert the responsibility of these
anti-democratic institutions, together with the World Trade Organization, for
an unjust world economic system. We note that these institutions are
controlled by wealthy governments, and that their policies have benefited
international private sector financiers, transnational corporations, and corrupt
officials. |
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| The World Bank, Multi-National Corporations, and State Governments: the Narmada Struggle Continues |
Had it not been for the solidarity and strength of the Narmada Bachao
Andolan (Save the Narmada movement, NBA) led by Medha Patkar, a true
people's movement made up of project affected persons, villagers, and their
supporters, the SSP dam may have been just another dam in India, displacing
thousands without resettlement or compensation. Their non-violent,
Gandhian-style struggle brought international attention to the dam, forcing
the World Bank, which was funding the US$450 million project, to institute an
independent review. The resulting report exposed the lack of resettlement
plans, environmental impact assessments, and confirmed that the
cost-benefit analysis was highly skewed. The World Bank subsequently
withdrew from the project, a first in its history. |
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| Open Letter to WB President from Indonesia |
The following open letter appeared in the Jakarta Post on
February 18, 2000. |
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| People of Color & the April Mobilization |
It is imperative that U.S. people of color join the battle for immediate debt
cancellation in the Third World . We should do so for two reasons. First, for
reasons of cultural and historical solidarity. Our cultural and historical origins
in Africa, Asia, and Latin America (or as the original inhabitants of the
"Americas" in the case of Native peoples) means we are joining forces with
our relatives when we join all international efforts to obtain economic and
social justice for the poor majorities in Africa, Asia and Latin America. |
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| Report from Bangkok: Pie Eclipses Talk at UNCTAD |
To many partisans of a more equitable global economic system, the tenth
conference of the United Nations Conference on Trade and Development
(UNCTAD) was, on balance, a disappointment. In the wake of the collapse of
the World Trade Organization (WTO) ministerial in Seattle, one would have
expected UNCTAD to more aggressively assert its role in framing the rules of
global governance in trade and financial issues. After all, despite its lack of
resources, UNCTAD has something that neither the IMF nor the WTO has:
legitimacy. |
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