(link is external)Click here(link is external) for pdf

 Mr. Marcel Massé

Click here(link is external) for full report in pdf

Letter to Canadian IMF Director on Proposed New Debt Restructuring Mechanism

Mr. Ian Bennett
IMF Executive Director for Canada
Fax: 202-623-4712
Re.: IMF board meeting on SDRM on December 18, 2002

Dear Mr. Bennett,

On December 18, the Board will discuss the IMF’s most recent version of an insolvency procedure for states, labelled the “Sovereign Debt Restructuring Mechanism” (SDRM).

Submission to the International Development Committee, House of Commons

Wall Street Journal (10/11)
World Bank Chief Blocks Romanian Gold-Mine Loan

By Neil King Jr.
 

NGOs respond to G8 Action Plan for Africa
NGOs are looking for commitments and follow-through in the following areas:
Bring NEPAD Home for Democratic Debate

Money, money everywhere, but nary a drop to drink

An information kit containing 11 factsheets discussing different issues related to the G8, including what is the G8 and he New Partnership for Africa's Development.

• Who we are(link is external) [ 555 Kb ]
• Key Messages on NEPAD from Africa Canada Forum(link is external) [ 1.9 Mb ]
• New Strategies, Old Loan Conditions: The Case of Uganda(link is external) [ 1.4 Mb ]
• G7 Response to Financial Crises - Another Band-Aid(link is external) [ 1.4 Mb ]
• What's shutout of the G7? - The Tobin tax and Mountains of Money for Development(link is external) [ 2.6 Mb ]

Open letter to the G7 finance ministers

When the G7 heads of government met in Halifax in June 1995, leaders made a commitment to a series of measures to reform the Bretton Woods Institutions. The G7 called for the provision of multi-lateral debt relief for the poorest countries, the promotion of environmentally sustainable development and the reduction of poverty.

Seven years later, these promises are unfulfilled. The crisis of legitimacy confronting the World Bank and the IMF at the 50th anniversary of their creation led to the G7 to take up the reform of the international financial institutions (IFIs) in Halifax. As the G7 finance ministers return to Halifax, this question of legitimacy continues to haunt the institutions.