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Resource ID: #18206
Subject: Poverty
Source: Multinational Monitor
Affiliation: 
Date: 2024-09-21

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Description

The Multinational Monitor examines how poor nations are forced to bear "the burden of the IMF and World Bank." The story package looks at different aspects of the interactions between the international financial institutions and the developing countries governments. The articles give voice to critics who find that the International Monetary Fund (IMF) and World Bank policies undermine labor power and rights; that the two institutions' common requirement for increasing electricity and water tariffs in loan-receiving countries makes the poor pay the price; that the International Financial Corporation (IFC) "prioritizes the pursuit of profit over economic justice, social or environmental concerns."

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