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Trade, Money, and Finances
Bank of the South, International Context, and Alternatives
¤ Eric Toussaint ¤ 9 September 2006
The Bank of the South proposes to try to break the dependence of developing countries on international financial markets, channel their own capacity for saving, stop capital flight, channel central resources to priorities for independent social and economic development, change investment priorities, etc. It is designed as a public bank and as an alternative to the Inter American Development Bank and the World Bank.
The Bank of the South can grant credits with or without interest, as well (...) read more
Regulating the Public and the Private Economy
The IMF, the World Bank, and Respect of Human Rights
¤ Eric Toussaint ¤ 19 May 2005
Are the World Bank and the International Monetary Fund (IMF) bound to respect the obligations expressed in the United Nations Charter, including the obligation to respect Human Rights? If it is true that as specialized institutions of the UN, they are independent for their operations, they must, however, respect Human Rights and common law in general. As a rule, it goes without saying that no international organization that claims to act as a subject of international law and to have an (...) read more
For this author, you will find on this Web site
2 article(s) in English,
2 article(s) in Spanish,
2 article(s) in French,
0 article(s) in chinese.