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IMF, World Bank & Trade

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The failure of the IMF, World Bank and WTO to represent and further the interests of the developing world, through their one-size-fits-all approach, has lead to the collapse of trade negations, widespread criticism of their effectiveness, and bitter international protest. Many countries are rejecting the neoliberal ideologies of the ‘unholy trinity’ with intensifying calls for their reform or decommissioning.

Latest Articles

The International Trade System Needs to Reinvent Itself

The collapse of WTO talks has brought the problems of the international trade system to the surface. It is now time to overhaul a 'free trade' system that protects corporate globalisation at the expense of poverty eradication and sustainability, says Myriam Vander Stichele.

 
What Caused the WTO Collapse? It was the Cotton Subsidies, Stupid

The WTO talks actually collapsed because the US did not want to make any commitment to cut its massive subsidies to cotton growers – regardless of pushing cotton farmers in developing countries further into penury, writes Devinder Sharma.

 
‘‘Doha Collapse Won't Mean Suffering for The Poor’’

As we rapidly move away from a unipolar or bipolar world towards multiple centres of economic and political powers, the WTO - with liberalisation at its core - is at a crossroads, writes Aileen Kwa.

 
The Dracula Round

After Doha, the WTO is now in a worse position than before, with the prospect that it will evolve like the old League of Nations in the 1930’s: present but powerless, argue Walden Bello and Mary Lou Malig.

 
WTO Talks: A Tsunami Averted

The collapsed Doha Round has staved off a further import surge into the developing world - which would have been no less devastating than the trail of human destruction left behind by a powerful tsunami, argues Devinder Sharma.

 
Muted Woe at WTO

With the collapse of the Doha round, disappointment is turning to recrimination. But what did poor countries have to gain anyway? By Raj Patel.

 
Trade Talks' Failure Ends Doha Dreams

Liberalisation in world trade over recent decades has brought prosperity only to a minority of the world population, and without firmer guarantees many countries began to agree with the view that "no deal is better than a bad deal", writes David Loyn.

 
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