Contents with tag: corporatization
The 2018 IMF-WB meetings are held ten years since the global financial crisis, withthe IMF-WB continuing to privilege the private sector and so-called business friendly investment climate.
As its membership and project portfolio continue to grow, social movements have raised the alarm on the AIIB ushering in an expanded era of corporatization of development and environmental unsustainability.
Despite today’s rising concerns on the inequalities linked to the further consolidation of corporate power, the Maximising Finance for Development threatens to precisely entrench corporations’ hold – within the development agenda.
The International Monetary Fund (IMF) and what came to be later known as the World Bank Group (WBG) were established in the 1944 Bretton Woods Conference held at the United States (US).