Month: April 2008
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Medical R&D That Works for the Developing World
Can the world settle on a medical research and development (R&D) system that develops medicines and other products to meet priority health needs and makes those products available on an affordable basis? Developing a strategy to meet these twin goals is the task of World Health Organization (WHO) negotiations in their final phase this week.…
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Opening the Schoolhouse: Undoing the World Bank’s Damage
For 30 years, the International Monetary Fund (IMF) and World Bank have remade much of the developing world according to a market fundamentalist ideology. The results — measured by lost wealth, stunted social indicators, depletion of natural resources and trashing of the environment, rising inequality and concentration of income, damage to indigenous communities, or many…
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IMF: The Times They Are A-Changin’
Have things changed at the International Monetary Fund? Or is the world just witnessing yet another in a long series of global economic double standards? IMF Managing Director Dominique Strauss-Kahn says that the “need for public intervention” to address the global financial crisis “is becoming more evident.” Strauss-Kahn has urged for a global fiscal stimulus,…