Does Corruption Create Poverty?

Does Corruption Create Poverty?

Bribery and sweetheart deals are a curse for democracy and civil society. But as columnist Walden Bello explains, corruption is not the principal cause of global poverty.

Skewed Priorities

Skewed Priorities

The approximately $4.1 trillion that the United States and European governments have committed to bail out financial firms is 40 times the money they’re spending to fight climate and poverty crises in the developing world.

We Only Need One Bretton Woods II

The November 15 economic summit isn’t the best way to address many of the underlying issues that contributed to the global economic crisis in developing countries.

Book Event: Broad and Cavanagh’s ‘Development Redefined’

Book Event: Broad and Cavanagh’s ‘Development Redefined’

Welcome in fittingly the World Bank and IMF annual meetings with a discussion of the newest book by American University professor Robin Broad and Institute for Policy Studies Director John Cavanagh. Entitled Development Redefined: How the Market Met its Match, the book chronicles the rise and fall of the market-worshipping Washington Consensus, and lays out people-based alternatives to corporate-led globalization. Broad and Cavanagh have written award-winning books on globalization and development, as well as a series of articles on the development debate in Foreign Policy and World Policy Journal. IPS is co-sponsoring this event  with ActionAid USA, the AFL-CIO, the Alliance for Responsible Trade, Bank Information Center, Center for Economic and Policy Research, Center of Concern, the 50 Years is Enough Network, Friends of the Earth US, the Heinrich Boell Foundation, International Labor Rights Fund, International Trade Union Congress, Jubilee USA, the Maryknoll Office for Global Concerns, the New Rules for Global Finance, and Oil Change International.
 

Dirty is the New Clean

A Critique of the World Bank’s Strategic Framework for Development and Climate Change.