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Multilateral Debt : A Growing Crisis
What is multilateral debt?
The World Bank is conducting a review of its 1991 Forest Policy and at the same time developing a new strategy to guide its future investments in forestry.
Why should you care?
- Tropical forests will be all but gone in 50 years if current trend continues.
- The World Bank is the single largest source of “development” finance and of investments in the forest sector globally.
The Halifax Initiative would like to thank John Foster, North-South Institute, for his help in developing these FAQs
Revised November 2007
The Halifax Initiative would like to thank John Foster, North-South Institute, for his help in developing these FAQs
Revised November 2007
Answers
What is the G20?
The G-20 was set up to 'smooth out the bumps' of financial globalization. It was established in the wake of the financial crises that gripped the global economy and devastated much of Asia, Russia and Latin America in the late 1990's. The G-20's mandate is 'To promote discussion, and study and review policy issues among industrialized countries and emerging markets with a view to promoting international financial stability.'
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Who sits at the G20 table?
The Tobin Tax:
An International Tax on Foreign Currency Exchange
What is the Tobin tax?
