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Round-table: Issues of lender responsibility for sovereign debt
The attendance included officials and civil society representatives from North and South. This certainly implies some progress, given the fact that, so far, such a discussion had not been accepted in this kind of spaces. Citizen debt movements have long been insisting on its importance and struggling to include it in the agenda.
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Amid food riots and shaken governments IFIs scramble to develop a coherent response
At the mid-April Spring Meetings of the World Bank and the IMF, the top agenda items were closely linked: the enduring financial crisis, the global food crisis, and climate change. Among the three, the global food crisis clearly stood out in its magnitude and gravity.
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The IMF's historic transition: Is less better?
Thanks to disasters of its own making, the agency is losing money and influence. "The IMF is back", declared the IMF's managing director, Dominique Strauss-Kahn, at its annual spring meeting. But despite the bravado, the reality is that today's IMF is not what it once was.
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World Bank hosts illegitimate debt roundtable