International Financial Institutions Quotes

Sadly, I do my homework. I've a soft spot for the boring minutiae. I read the Charter of the United Nations before meeting with Kofi Annan. I read the Meltzer report, and then I'll read C. Fred Bergsten's defense of institutions like the World Bank and the I.M.F. It's embarrassing to admit.

Third world kids are dying today to pay off the debt.

In the midst of the East Asian crisis, there were choices. One choice would have been to encourage countries to implement a bankruptcy law that could have threatened the interests of the lenders. Workers' rights should be a central focus of development. But nowhere did issues of workers' rights, including the right to participate in the decisions which would affect their lives in so many ways, get raised.

If you look internationally over the last 50 years there have been improvements in the third world, but in the last 20 years the reverse has happened, with debt crises and increased poverty.

Conservatives believe that international institutions such as the United Nations are anti-American and anti-Israeli cabals. Progressives do not like the economic medicine that the International Monetary Fund (IMF) and World Bank force down the throats of developing countries.

We do have some assistance from the World Bank but not from the IMF. We are not borrowing yet, but we are considering, in the future, borrowing from the Kuwait Fund to support our infrastructure development.

The world is governed by institutions that are not democratic - the World Bank, the IMF, the WTO.

It is a set of policies formulated between 15th and 19th streets by the U.S. Treasury, and World Bank. Countries should focus on stabilization, liberalization, privatization.

There were times when there were riots in Africa, demonstrations against the IMF because of the policy advice they were giving, the conditionalities they were imposing, and the difficulties that arose out of the implementation of those conditionalities.

China never borrowed less than $3 billion a year during my tenure. They were the most significant client. They used the Bank not just for money but for the know-how.

I would have my secretary of treasury be in touch with the financial centers, not only here but at home.

The World Bank is now the biggest culprit in the debt crisis.

The World Trade Organization, The World Bank, The International Monetary Fund and other financial institutions virtually write economic policy and parliamentary legislation. With a deadly combination of arrogance and ruthlessness, they take their sledgehammers to fragile, interdependent, historically complex societies and devastate them, all under the fluttering banner of 'reform'.

On trade, a Conservative government would challenge China's actions on canola and meat imports through the World Trade Organization and withdraw funding from the Chinese-run Asia Infrastructure Investment Bank.

We must work to repeal trade agreements that impede access to affordable generic drugs. We must work to cause the IMF and the World Bank to reduce and eventually eliminate the debt that takes poor nations' resources away from crises like AIDS. We must focus America's leadership on addressing and ending this epidemic.

I do wish that the IMF and the World Bank would disappear soon.