Global Policy Forum

By Neil Tangri

Join the campaign against IMF/WB summit in Prague, September 25-28, 2000. We need your support for the continuing struggle for global justice!!!

Some 20,000 representatives of global capital (world bankers, economists and financiers) are expected to come to Prague in September to attend the 55th annual summit of the International Monetary Fund and the World Bank Group. This prestigious meeting of the world economic elite, the first of its kind in the Central and Eastern Europe, will definitely be of a great importance. The delegates will meet to propose a scheme of further liberalization of the world economy by defining new loan priorities and structural adjustment conditions.

The events in Seattle at the WTO meeting last November showed that a huge wave of global resistance is rising against the expanding power of global capital. The IMF/WB summit in Prague will be our next big opportunity to express our demands for global justice.

The Initiative Against Economic Globalization (INPEG) is a loose coalition of various Czech environmental, human rights and autonomist/anarchist groups, organizations and individuals who are ready to stand up critically against the summit of the world financial oligarchy. INPEG has been meeting regularly in Prague since last summer. It has planned a series of campaigns that will culminate in ten days of activities starting on September 20. Non-violent demonstrations, info campaigns, and the Festival of Art and Resistance includinga counter-summit will be the main resistance activities in the mentioned period.

We will be exposing the links between the IMF/WB, the WTO and transnational corporations and the ways how they work to maximize private profits and limit the power of people to protect the environment, determine their economic destiny, and safeguard their human rights. They are also directly responsible for the third world debt.

Even their debt relief policy continues under the harsh conditions of the IMF Structural Adjustment Programmes, and thus makes just one step forward and two steps backward.

Our goal is to give the proper name to what the policies of the IMF/WB really cause in the South as well as in the Central and Eastern Europe. We will be demanding an immediate suspension of these practices leading to environmental destruction, growing social inequality and poverty and curtailing of people's rights. We will be demonstrating our solidarity with the global resistance movement. Your support is needed, indeed!!!

The support, both moral and material, for the September actions in Prague, should come from all around the world. Of course, financial contribution is crucial, especially in the CE Europe, where financial sources as well as the movement itself are not so developed as was for example the case with Seattle. That is why we are issuing this urgent appeal. Let us know if you can help us in our common struggle.

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