International Financial Institutions

International Financial Institutions, or IFIs, are financial institutions established by more than one country and supposedly subject to international law. Most were established after World War II to maintain US and European economic supremacy through the management of the global financial system. However, most recognizable IFIs like the World Bank and IMF have drastic affects on nations' economies.

Most notably, IFI's Structural Adjustments Programs often have demolished the economic sustainability, social services, and sovereignty of client states while bolstering wealthy transnational corporations.

Keywords: IMF, World Bank, IDB, structural adjustment, hegemony, transnational corporations

Resources

Sites

• Official World Bank site (Multilingual)
• The International Monetary Fund (Multilingual)
  
• Essential Action: Campaign Against the IMF, World Bank and Structural adjustment
• Global Exchange: The World Bank and the IMF
• International NGO Campaign on Export Credit Agencies (Multilingual)
  
• 50 Years is Enough
• The Bretton Woods Project (Available in Spanish)
  
• Bank Information Center (Multilingual)
• One World Trust (Some Pages Available in Multiple Languages)
  
• Double Standards: Global Economics
• IFI WatchNet
• Jornadas Globales contras las IFI (Español)

Articles

• Responsible Reform of the World Bank
• Making the World Safer for TNCS
• Economic Democracy; The Political Struggle for the 21st Century
• TNC dictatorship
• The Impact of Structural Adjustment Programs on the Poor
• Economics of Empire

Extra: audio link - Confessions of an Economic Hit Man