This section of the report 'Financing the Global Sharing Economy' argues that a dramatic change of
paradigm is needed if rich nations and global institutions are to stop
forcing developing countries to liberalise their economies through unfair trade rules - whether as a condition of free trade
agreements or in return for financial
assistance.
This section of the report 'Financing the Global Sharing Economy' makes the case for redistributing the IMF's assets through its Special Drawing Rights facility and gold sales. These modest proposals could help
restore
the IMF's flagging legitimacy and prepare the way for more substantial reforms
to the
global economic architecture.
This report analyses the negative impacts of the IMF, World Bank and WTO on sustainable development and suggests an alternative mechanism for regulating the international economy which can allow these institutions to be progressively decommissioned.
An analysis the free trade regime and it's negative impact on the least developed countries. Equitable and alternative mechanisms for allocating essential goods and regulating international trade are proposed.