Magazine article New Internationalist

IMF/World Bank; FROM THIS MONTH'S EDITORS

Magazine article New Internationalist

IMF/World Bank; FROM THIS MONTH'S EDITORS

Article excerpt

THE 60th anniversary of the World Bank and the International Monetary Fund (IMF) this year is a birthday most of the world will feel disinclined to celebrate. But it is one we felt we had to mark, if only as a token of our determination not to let their exploits slip by unnoticed. The two institutions are rarely mentioned in mainstream news stories and the IMF in particular seems to wear a cloak of invisibility to rival Harry Potter's. Yet their impact on most of the world's people is profound - and profoundly disturbing.

We are grateful for the support of the 50 Years Is Enough network. This is a coalition of campaigning organizations from around the world which is co-ordinated from Washington DC by Njoki Njoroge Njehu and Soren Ambrose. We hope this issue of the magazine will encourage many more people to join their campaign. …

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