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Newswire on the IFIs

  • Indian Law Resource Center calls on UN Permanent Forum on Indigenous Peoples to improve World Bank safeguards policies
  • Social organisations in El Salvador critique the World Bank's FCPF
  • A developing world of debt
  • World Bank accused of ignoring lessons on mega infrastructure
  • IMF loan: a bitter pill
  • Energy access entrepreneurs seek $500 million from World Bank at Rio +20
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Issue Brief: IMF - Bad Medicine and Blind Faith (May 1998)


The International Monetary Fund's (IMF) mishandling of the Southeast Asian financial crisis has enraged mainstream economists, government officials and citizens alike. The "global economic doctor" ignored the early warning symptoms, misdiagnosed the problem, prescribed the wrong medicine and nearly killed the patient. Click here for pdf.

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  • Asian financial crisis

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