1988 IMF/World Bank protests

The 1988 annual meetings of theInternational Monetary Fund(IMF) andWorld Bankwere met with an international protest inWest Berlin.Whereas the organizations' earlier meetings were met with smaller, national protests, the 1988 meetings attracted protesters internationally against what was the largest assembly of theinternational monetary ordersince the 1944Bretton Woods Conference.Protesters demonstrated against the IMF's austerity policies towards developing nations. Representatives fromThird Worldcountries called fordebt cancellation,and others advocated for solutions toworld hungerand poverty. Due to the protest's high-profile venue, media outlets extensively covered the protests. Later IMF and World Bank meetings received smaller protests, but following the1999 Seattle WTO protests,all meetings of the IMF, World Bank,G7,andG8 summitswere met with significant protests.[1]

References

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  1. ^Peet, Richard (2009).Unholy Trinity: The IMF, World Bank and WTO.Zed Books. pp. 110–111.ISBN978-1-84813-796-7.

Further reading

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