DDCI Research
Conference Papers
Policy Submissions
Briefing Papers
Articles
PLEASE NOTE: due to
the transition to our new website, the Papers section
is not fully updated at present. However, we have made
available our most recent research papers. All previous
papers will be available in the coming days - date:12-11-03
How does the European
Commission Engage with the Poverty Reduction
Process
This report examines the role of the European
Commission (EC) within the Poverty Reduction
Strategy Paper (PRSP) process asking whether
the Commission could be more effective in
challenging the over riding influence of
the IMF and World Bank.
"Can the World
Bank (WB) and the International Monetary
Fund (IMF) Cancel 100% of poor country debts?"
Research published by DDCI proves that the
IMF and World Bank do have the resources
to cancel all the debt owed to them by the
poorest countries. The report clearly shows
that rather than being poverty stricken
as they vigorously claim, the IMF and World
Bank are richly endowed with huge reserves.
In addition they earn enormous profits each
year. The World Bank profits have increased
from $1.2bn in l996 to $5.3bn in 2003.
The Millennium Development
Goals (MDGs) Meeting at the United Nations General
Assembly in 2000, world leaders made a commitment
to eradicate poverty, promote human dignity
and equality and achieve peace, democracy
and environmental sustainability.
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