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World Bank

Joint Social Watch-Third World Network press release

The two major South-based international civil society networks Social Watch and Third World Network have jointly called on G-20 leaders to address and pledge to greater social and development investment and to enact a more thorough restructuring of the international financial institutions (IFIs).

Is the Washington Consensus Dead?

The author argues that the Washington Consensus is far from dead. The policies as well as the conditionalities imposed under the Consensus are alive and well.

Earth to G-20: The Developing world is too big to fail

Both the former Bush administration and the Obama administration agreed that, in the face of the recession, it’s essential for the government to use deficit spending to stimulate the U.S. economy — the only question is how big the stimulus should be. I would expect that people in poorer countries are hurting even more from the recession than the U.S. is. When the wealthy G-20 nations meet in London on April 2, what can they do to help, and why is it so important?

Full article available at:
http://blog.sojo.net/2009/03/11/earth-to-g-20-the-developing...

Jubilee USA: The Global New Deal We Need

The current financial crisis is set to dramatically increase poverty in the developing world. Leaders should respond with bold new commitments to address the impacts of the crisis and reduce global poverty. As they respond, they should act justly and avoid repeating mistakes of the past.

Full article available at:
http://www.jubileeusa.org/fileadmin/user_upload/Resources/G2...