| Name and Link | Type of Resource | Description |
| IMF Official Website at this link |
Website | "The International Monetary Fund (IMF) is an organization of 185 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.". |
| The World Bank Official Website at this link |
Website | "The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the common sense. We are made up of two unique development institutions owned by 185 member countries— the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Each institution plays a different but collaborative role to advance the vision of an inclusive and sustainable globalization. The IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. Together we provide low-interest loans, interest-free credits and grants to developing countries for a wide array of purposes that include investments in education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management.". |
| Stanley Fischer IMF Essays from a Time of Crisis: The International Financial System, Stabilization and Development. Cambridge University Press;2008 Link to bookseller |
Book | "Stanley Fischer served as First Deputy Managing Director of the International Monetary Fund from 1994 to 2001. IMF Essays from a Time of Crisis collects sixteen essays written for the most part during his time at the IMF, each updated with Fischer's later reflections on the issues raised. The IMF drew much criticism for some of its actions during Fischer's tenure, and he vigorously defends the "battlefield medicine" practised by the IMF during a series of economic crises, which included the problems of economic transition in the former Soviet bloc and the Asian financial crisis. Fischer addresses the subsequent calls for reform of the international financial system and makes the case for the IMF as an international lender of last resort. ". |
| Christopher L. Gilbert & David Vines (Editors) The World Bank: Structure and Policies (Global Economic Institutions) Link to bookseller |
Book | "An excellent addition to any undergraduate and graduate collection on development assistance
and international financial institutions." Choice "Each chapter is written by a knowledge contributor, and the insights provided are impressive...An
excellent addition to any undergraduate collection on development assistance and international financial institutions." Choice Apr 2001 Review "An excellent addition to any undergraduate and graduate collection on development assistance and international financial institutions." Choice "Each chapter is written by a knowledge contributor, and the insights provided are impressive...An excellent addition to any undergraduate collection on development assistance and international financial institutions." Choice Apr 2001 ". |
| Stiglitz, Joseph, Globalization and its Discontents Penguin Books Ltd; 2002, 2003 Link to bookseller |
Book | "Joseph Stiglitz had a brilliant career in academia before serving for four years on President Clinton's Council of Economic Advisors and then three years as chief economist and senior vice president of the World Bank. His book clearly explains the functions and powers of the main institutions that govern globalisation--the International Monetary Fund, the World Bank and the World Trade Organization--along with the ramifications, both good and bad, of their policies. He strongly believes that globalisation can be a positive force around the world, particularly for the poor, but only if the IMF, World Bank and WTO dramatically alter the way they operate, beginning with increased transparency and a greater willingness to examine their own actions closely. Of his time at the World Bank, he writes, "Decisions were made on the basis of what seemed a curious blend of ideology and bad economics, dogma that sometimes seemed to be thinly veiling special interests ... Open, frank discussion was discouraged--there was no room for it.". |
| Rogoff, Kenneth Economic Counsellor and Director of Research, International Monetary Fund An Open Letter (2002)(responding to Stiglitz) Available here |
Open letter | "-" |
| Global Exchange: World Bank / IMF Fact Sheet Available here World Bank / IMF Questions and Answers Available here |
Website | "“Global Exchange is a membership-based international human rights organization dedicated to promoting social, economic and environmental justice around the world Our Vision We envision a people centered globalization that values the rights of workers and the health of the planet; that prioritizes international collaboration as central to ensuring peace; and that aims to create a local, green economy designed to embrace the diversity of our communities. In a world where the economics of quantity fuels corporate power and political greed, the elite are reaping profits while working people and the planet are left to pay the price. In response to the global degradation caused by this system of elite globalization, Global Exchange envisions an alternative economics of quality centered upon protecting international human rights to ensure that the cost of globalization does not come at the expense of us all.” " |
| Monbiot George, Stealing Nations: The International Monetary Fund does not make its "mistakes" by accident. Guardian 19th August 2003 Available here |
Newspaper article | "-" |
| Oxfam – Joint NGO Briefing Note Blind spot. The continued failure of the World Bank and IMF to fully assess the impact of their advice on poor people September 2007 Available here |
IMF Briefing | "-" |
| The Global Policy Forum :- The International Monetary Fund Links to various articles Available here |
Website portal | "About GPF: Global Policy Forum monitors policy making at the United Nations,
promotes accountability of global decisions, educates and mobilizes for global citizen participation, and advocates on vital issues of international
peace and justice. This page posts critical information about the International Monetary Fund and the need for reform of the institution" |
| Life and Debt, A Film by Stephanie Black Official site includes detailed description of the film's content Youcan Watch the trailer trailer and this extract on Youtube |
Movie | "Life and Debt is a feature-length documentary which addresses the impact of the International Monetary Fund, the World Bank, the Inter-American Development Bank and current globalization policies on a developing country such as Jamaica. More on Life and Debt..." |
| Chakravarthi Raghavan, Inappropriate rules, IMF/WB conditionality risk development. Article on the Third World Network Available here |
Online article | "-" |
| Marangos, John A Post Keynesian Critique of Privatization Policies in Transition Economies. Journal of International Development 14 (2002) Available here |
Journal article | "-" |
| Hall, Charles A. S. et al (2001) Is the Argentine National Economy being destroyed by the Department of Economics of the University of Chicago? Available here |
Online article | "-" |
| Critical conditions: The IMF maintains its grip on low-income governments European Network on Debt and Development (Eurodad) 09 April 2008 Link to article here |
Online article | "-" |