[PEN-L:11621] Re: Re: Re: Re: IMF to become autonomous?

[Doug Henwood <dhenwood@xxxxxxxxx>]

Patrick Bond wrote:

> No, I would say a dramatic debt cancellation with no strings
> attached -- qualitatively different than the WB/IMF/Clinton HIPC
> schemes (including the $1 bn announced yesterday) -- could be a
> profound non-reformist reform, in the spirit of the first 'graf above.

I always loved the title of Harry Cleaver's late-1980s paper (I'm
doing this from memory so I may be slightly off): "Close the IMF,
cancel the debt, end development!" An excellent principle, and it
would even fit on a bumper sticker.

Doug