A shuffling of the Fund's voting shares slashed Africa's already minimal decision-making power. While unfair, the move is just a symptom of what's wrong with the IMF.
Posts Tagged: IMF
On the eve of their summit in Singapore, the World Bank and IMF are in serious trouble, from a democratic deficit to a serious economic shortfall. Columnist Walden Bello writes about the event he was banned from attending.
Much more work remains to be done to eliminate unjust debts that stifle countries in the developing world.