One Response to “Mary’s Notes, May 16, 2007”

1. gg2007 Says:
   May 26th, 2007 at 8:55 pm

   Wolfits may be out soon but should we actually be talking about getting rid of the World Bank and IMF or at least reforming then so they do cause countries to become basket cases? Take a look at http://www.lifeanddebt.org/about.html. This provides a case study of industries in Jamaica such as bananas, dairy and chicken which appear to have been hurt very seriously by the policies of these international banking organizations.

   Considering that Jamaica now owes 4.5 billion to the IMF a key question is Jamaica better off having accepted IMF funds and if the IMF helps countries why are countries like Jamaica saddled with such great debts?

   The film also highlights that textile jobs which came to Jamaica are also getting taken away because there are cheaper places to operate. Of course many of the
   same jobs were first lost from the US.

   Several Latin American countries appear ready to get rid of the World Bank. See blog http://lanr.blogspot.com/2007/05/whats-behind-withdrawals-from-world.html.

   You can find 10 pages of hits on google by searching on International Monetary Fund.

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