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Controlling our Global Financial Institutions
Rob WHEELER
Saturday, December 21, 2002 8:34 PM
The following article about how the IMF is forcing countries to privatize
water, etc. was forwarded to me by Doug Everingham and came from ERANET in
Australia. See it in English at allies.alliance21.org/wp/en/doc/participants/05_wheeler.html
This list sends out many other such articles which Doug often forwards to
the GPA discussion list serve on global goverance which is open to new
subscribers at: gpaforum@yahoogroups.com.
It shows the absolute necessity that trade and finance laws must be
secondary and subservient to social and environmental law and conditions.
And that the institutions controlling trade and finance must also be
democratized and held accountable first and foremost to a body such as the
world parliament with a much broader mandate. The reason being that the IMF
is controlled and governed by sectors of national governments that are
primarily interested in economic matters and not the other policy areas,
such as that of international affairs, social and economic justice,
environment, human rights, etc.
It also shows why creating a decentralized economy, without controlling the
institutions of finance and global governance, will not work. It would not
stay decentralized for long.
Perhaps this matter is important enough that it should be included as a key
or fundamental element in the architecture of global governance and included
in the founding or constituting document for the WP.
Thanks,
Rob Wheeler
WP21 Alliance Forum on a World Parliament for the 21st Century
E-mail : world-parl@forums.alliance21.org
Fax 1 717 264 5036
Information, inscriptions, désinscriptions: germa@alliance21.org
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