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Life and Debt
May 12, 2007 | Leave a Comment | 798 views
Utilizing excerpts from the award-winning non-fiction text “A Small Place” by Jamaica Kincaid, Life and Debt is a woven tapestry of sequences focusing on the stories of individual Jamaicans whose strategies for survival and parameters of day-to-day existence are determined by the U.S. and other foreign economic agendas.
By combining traditional documentary telling with a stylized narrative framework, the complexity of international lending, structural adjustment policies and free trade will be understood in the context of the day-to-day realities of the people whose lives they impact.
Here’s an excerpted review of the film by Homa Khaleeli, originally posted on …
The End of the IMF in Latin America
March 22, 2007 | Leave a Comment | 834 views
Venezuela’s Banco del Sur: The End of the IMF in Latin America
by Paul McIvor, www.upsidedownworld.org
March 21, 2007
Speaking to an audience at Columbia Business School in February, Rodrigo de Rato, Managing Director of the International Monetary Fund, sketched out his vision for Latin America. Optimistically titled “The Way Forward,” Mr. de Rato called on the countries of the region to stay the course laid out by the IMF – structural adjustments, trade liberalization and privatization.
He dismissed the shift to the left in Chile, Argentina and Bolivia as an “apparent inconsistency of economic and political developments,” suggesting that voter dissatisfaction has …
Phillipines: Indicting the Arroyo regime
November 12, 2006 | Leave a Comment | 760 views
In simple rites held under historically significant circumstances, the Permanent Peoples’ Tribunal: Second Session on the Philippines was convened in the Hague, the Netherlands last October 30, upon the appeal of Philippine human rights and people’s organizations. The first session on the Philippines held twenty six years ago in 1980, in Antwerp, Belgium had indicted the United States-backed Marcos dictatorship of grave crimes against the Filipino people.
The government of Mrs. Gloria Macapagal-Arroyo has reacted to the filing of charges by victims of grievous human rights violations with the dismissive remark of Executive Secretary Eduardo Ermita, a former military general, …
Take the IMF Off Life Support
June 5, 2006 | Leave a Comment | 576 views
Published on Wednesday, May 24, 2006 by CommonDreams.org
by Walden Bello and Soren Ambrose
As economists and politicians debate what to do about the latest challenges facing the IMF, civil society groups have a straightforward answer: take the IMF off life support.
For over 25 years the world has had one answer for countries that find themselves in a financial crisis: take the IMF policy medicine and get on the debt treadmill that comes with IMF and World Bank loans. This path has worked very well – for big corporations in wealthy countries which walk into countries through the doors …