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Issue Brief: IMF - Bad Medicine and Blind Faith (May 1998)

PDF file
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.

The Halifax Initiative

The Halifax Initiative is a Canadian coalition of development, environment, faith-based, human rights and labour groups.

Our goal is to fundamentally transform the international financial system and its institutions, namely the World Bank, the International Monetary Fund and export credit agencies.

By doing so, we hope to achieve poverty eradication, environmental sustainability and the full realization of human rights.

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