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Reports: IMF should abandon "failed policies", says human rights reporteur

The International Monetary Fund (IMF) should change its priorities and finally let go of the outdated conditionalities of privatization, deregulation of markets, and "austerity" in social services, which in the past have engendered human rights violations, and instead make loans subject to a new set of conditions.

Article: Philanthrolateralism: Private funding and corporate influence in the United Nations

In order to make the UN system really ‘fit for purpose’, member states and UN bodies have to take bold action to overcome selective multilateralism, the weakening of democratic governance, and the financial erosion of public institutions. A special issue article by Karolin Seitz and Jens Martens for Global Policy.

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