ALNI Manila Declaration
ALNI Philippines (ALNI/P) is a network of trade unions, non-government organizations and the academe committed to engage IFIs and the Philippine government in a constructive dialogue on policies, program and projects that have direct impact on Filipino workers and society at large.As such, ALNI Philippines endeavors to support all efforts to unite and strengthen the labor movement. It also shall pursue strategic partnership with coalitions/organizations having similar goals and interest.
ALNI Philippines focuses on issues and concerns that workers have with IFIs and takes part in national and international consultation on these matters. ALNI also serves as the coalition center for their evolving campaign directed to the IFIs. In order to build critical mass within civil society, ALNI has also formed linkages with NGOs and the academe to leverage common advocacy work.
IMF ripe for shakeup, Paul Martin says Former PM says credit crisis shows richer nations lack moral authority to guide world economy unchallenged
by Kevin Carmichael
from Globe and Mail
WATERLOO, ONT. — The credit crisis will spark a long-awaited overhaul of the International Monetary Fund by forcing nations such as the United States and Britain to acknowledge they lack moral authority to guide the world economy unchallenged, former prime minister Paul Martin predicts.
Richer countries, especially those in Europe, have jealously guarded their controlling stake in the Washington-based IMF, even as emerging markets such as China and India have become bigger players in the global economy.
IMF to review RP rice problem, fiscal plan
by Iris C. Gonzales
from The Philippine Star
The International Monetary Fund (IMF) will be sending a review team to check on the country’s rice crisis as well as the government’s fiscal reform program.
The visit, which is scheduled on June 16 to 20, will be the third for the IMF since the Philippines had been out of the multilateral lender’s post-program monitoring starting April 2007.
IMF warns on global inflation
by Krishna Guha in Washington, Javier Blas and Chris Giles in London and Ralph Atkins in Athens
from Financial Times
Global inflation has re-emerged as a major threat to the world economy, the International Monetary Fund said on Thursday in a stark warning that marked an abrupt change of tone from its emphasis on the risks to growth.
John Lipsky, IMF deputy managing director, said “inflation concerns have resurfaced after years of quiescence” due to soaring energy and food prices. Mr Lipsky said global growth was slowing but headline inflation was “accelerating”.
ADB: Safeguard policies stay strong
by Cai U. Ordinario
from The Business Mirror
MADRID, Spain—The Asian Development Bank (ADB) has once again reiterated its commitment to keep its safeguard policies strong and responsive particularly to the needs of developing countries.
ADB president Haruhiko Kuroda said in his last press briefing at the conclusion of the 41st Annual Governors’ Meeting here that the bank has no intention of diluting its safeguard policies on environment, involuntary resettlement and indigenous peoples.
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