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12 December, 1999In his new opinion column, "this" IMF's General Secretary, Marcello Malentacchi, speaks of the need for reform of the "other" IMF, with convincing arguments.
GENEVA: The older, and wiser, IMF -- the International Metalworkers' Federation -- has words of advice for the younger, funding institution.
Malentacchi says that, first of all, open debate and dialogue are a prerogative for an organisation's good functioning, and the International Monetary Fund needs reforms to make it more transparent and open.
As most of the funds used by the "other" IMF for its interventions are coming from workers' pension funds, why shouldn't workers' organisations have a say in how it operates?
Read the entire column under the associated link.
Malentacchi says that, first of all, open debate and dialogue are a prerogative for an organisation's good functioning, and the International Monetary Fund needs reforms to make it more transparent and open.
As most of the funds used by the "other" IMF for its interventions are coming from workers' pension funds, why shouldn't workers' organisations have a say in how it operates?
Read the entire column under the associated link.