Wednesday, October 29, 2008

Financial Crisis: Collapse of an ideology

According to the South Centre, the global economic system is at a turning point, and the need to rethink the Financing for Development (FfD) concepts proposed by the World Bank and International Monetary Fund (IMF) is becoming increasingly apparent. It is unlikely that leaders from the North and South will rise to this challenge when they meet for the UN conference on development finance in Doha later this month.

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