| Neoliberal Governance and Social Resistance: A Chronology of Events | ||||||
| Compiled by Coady Buckley. The Commoner, N.7, Spring/Summer 2003. http://www.thecommoner.org | ||||||
| Date1 | Year | Official Event | Resistance or Movement | Comments and Links | ||
| 1942 | - Speech by President Roosevelt
(USA) "Declaration by 'United Nations'" - First official use of the name "United Nations" |
Link: A Joint Declaration by the United Nations, subscribing to the Principles of the Atlantic Charter, January 1, 1942 | ||||
| July | 1944 | -
Bretton Woods Agreements, created the World Bank and the International
Monetary Fund (IMF) and the International Bank for Reconstruction and
Development (IBRD) |
Link: Summary of so-called "Bretton Woods Agreements". United Nations Monetary and Financial Conference at Bretton Woods. July 22, 1944 | |||
| 26 June | 1945 | - The United Nations
established |
Link: history of the UN | |||
| 23
June |
1946 | - The World Bank
formally begins operations. |
Link: pages on the World Bank - history, chronology and archives |
|||
| 27
September |
1946 | -
First annual meeting of the board of governors of the World Bank held in
Washington. |
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| 4 December | 1946 | - President Eugene Meyer
resigns. |
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| 15 November | 1947 | -
The United Nations General Assembly approved an agreement formalizing
the relationship with the IBRD |
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| 11
March |
1955 | -
The Economic Development Institute, aimed at serving as the Bank's staff
college, is established; financial support from the Ford and Rockefeller
Foundations. |
||||
| 15 April | 1955 | - Bank transmitted charter of
proposed International Finance Corporation (IFC) to member governments for
approval. |
Link: basic facts
and history about the IFC |
|||
| 19 September | 1960 | -
The Indus Waters Treaty signed by Pakistan, India, and the World Bank in
Karachi, thus opening the way to the use and development of water resources
on which depends the livelihood of some 50 million people in the two
countries |
Comment: early instance of 'water rights' issue | |||
| 1964 | -
UNCTAD, United Nations Conference on Trade and Development established |
Link: information about 'UNCTAD' | ||||
| September | 1970 | -
World Bank, an operations evaluation unit (OEU) established, whose
responsibility it is to evaluate the contribution of World Bank Group
operations to the development of member countries |
||||
| July | 1976 | Protests against World Bank and
IMF - Peru |
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| January | 1977 | Protests against World Bank and
IMF - Egypt |
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| 1978 | -
Tobin Tax, Global Taxation - first proposed by James Tobin |
Link: information about James Tobin - Nobel Laureate (1981) | ||||
| September | 1978 | Protests against World Bank and
IMF - Ghana |
||||
| August | 1978 | - First World
Development Report is published |
Link: World Development Report website | |||
| January | 1979 | Protests against World Bank and
IMF - Jamaica |
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| April | 1979 | Protests against World Bank and
IMF - Liberia |
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| 1980 | -
Brandt Commission - (Independent Commission on International Development)
chaired by Willy Brandt. Report: "North-South: A Program for Survival
linked economic equity to development" beginning of "sustainable
development" concept |
|||||
| February | 1980 | Protests against World Bank and
IMF - Philippines |
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| 1980 | -
Multilateral Development Banks (MDB) began "policy based lending"
or structural adjustment. - From the 1980s onward, the World Bank/IMF increasingly dictated macroeconomic policies to debtor nations. By 1996 about one-quarter of all World Bank lending was in the form of structural adjustment programs. |
|||||
| May | 1980 | Protests against World Bank and
IMF - Zaire |
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| July | 1980 | Protests against World Bank and
IMF - Turkey |
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| 1980 | Comment: Greenpeace establishes
one of the first global communication networks for its international
staff |
|||||
| June | 1981 | Protests against World Bank and
IMF - Morocco |
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| August | 1981 | Protests against World Bank and
IMF - Sierra Leone |
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| September | 1981 | -
US and global inflationary pressure was disrupted by the brutal twin
recessions of 1980-82 brought on by the new Fed chairman, Paul Volker, and
his attack on the monetary aggregates. |
Link: copies of US Federal Reserve Speeches (from 1996 onwards) | |||
| 1982 | -
Fall in oil prices causes Mexico to default on international debts; beginning
of world debt crisis |
Link: World Bank Group Historical Chronology (1980-1989) | ||||
| January | 1982 | Protests
against World Bank and IMF - Sudan |
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| March | 1982 | Protests
against World Bank and IMF - Argentina |
||||
| October | 1982 | Protests
against World Bank and IMF - Ecuador & Chile |
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| March | 1983 | Protests
against World Bank and IMF - Bolivia |
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| April | 1983 | Protests
against World Bank and IMF - Brazil |
||||
| October | 1983 | Protests
against World Bank and IMF - Panama |
||||
| January | 1984 | Protests against World Bank and IMF - Tunisia |
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| April | 1984 | Protests against World Bank and IMF - Dominican Republic |
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| January | 1985 | Protests against World Bank and IMF - Jamaica |
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| March | 1985 | Protests against World Bank and IMF - Bolivia & Zaire |
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| May | 1985 | Protests against World Bank and IMF - Haiti & El Salvador |
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| August | 1985 | Protests against World Bank and IMF - Costa Rica |
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| September | 1985 | Protests against World Bank and IMF - Bolivia & Guatemala |
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| February | 1986 | Protests against World Bank and IMF - Mexico |
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| May | 1986 | Protests against World Bank and IMF - Nigeria |
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| September | 1986 | Protests against World Bank and IMF - Bolivia |
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| November | 1986 | Protests against World Bank and IMF - Yugoslavia |
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| 1987 | -
Brundtland Commission - (World Commission on Environment and
Development). Report: "Our Common Future" which defined "sustainable development". Chaired by Gro Harlem Brundtland. Members included Shridath Ramphal and Maurice Strong |
|||||
| 19 October | 1987 | -
The largest single day stockmarket drop on Wall Street (and other global
markets) occurred (known as 'Black Monday' in reference to the crash of
1929) |
Link: New York Stock Exchange timeline |
|||
| January | 1987 | Protests against World Bank and IMF - Sierra Leone & Zambia |
||||
| March | 1987 | Protests against World Bank and IMF - Ecuador, Ghana & Poland |
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| October | 1987 | Protests against World Bank and IMF - Ecuador |
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| November | 1987 | Protests against World Bank and IMF - Algeria, Romania & Sudan |
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| 12 April | 1988 | -
The international convention establishing the Multilateral Investment
Guarantee Agency (MIGA) took effect |
Link: about MIGA | |||
| April | 1988 | Protests against World Bank and IMF - Nigeria |
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| June | 1988 | Protests against World Bank and IMF - Ghana |
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| August | 1988 | Protests against World Bank and IMF - Hungary |
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| October | 1988 | Protests against World Bank and IMF - Algeria |
||||
| 9 November | 1989 | - Berlin Wall collapsed
triggering the final disintegration of the Eastern Bloc and wide ranging
global strategic political reorientation |
Comment: major financial as well as political implications | |||
| January | 1989 | Protests against World Bank and IMF - Benin |
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| February | 1989 | Protests against World Bank and IMF - Venezuela |
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| April | 1989 | Protests against World Bank and IMF - Benin & Jordan |
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| May | 1989 | Protests against World Bank and IMF - Argentina & Nigeria |
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| 16 July | 1990 | -
World Bank, World Development Report 1990, outlines a strategy for reducing
poverty based on experiences from developing countries around the world |
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| February | 1990 | Protests against World Bank and IMF - Ivory Coast & Niger |
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| March | 1990 | Protests against World Bank and IMF - Nigeria |
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| June | 1990 | Protests against World Bank and IMF - Zambia |
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| July | 1990 | Protests against World Bank and IMF - Trinidad |
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| December | 1990 | Protests against World Bank and IMF - Morocco & Uganda |
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| 1991 | -
Stockholm Initiative on Global Security and Governance. |
Comment: origin of Commission on
Global Governance |
||||
| 1991 | - Major global recession |
Link: an IMF document (in pdf format) " World Economic Outlook -
Recessions and Recoveries" |
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| May | 1991 | Protests against World Bank and IMF - Nigeria |
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| August | 1991 | Protests against World Bank and IMF - Iran |
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| 3-14 June | 1992 | -
The UN Conference on Environment and Development (Earth Summit) |
Link: about 'UNEP' milestones page (key documents and websites including
Rio declaration (1992) and Agenda 21 |
|||
| February | 1992 | Protests against World Bank and IMF - Albania, India & Venezuela |
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| April | 1992 | Protests against World Bank and IMF - Nepal |
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| May | 1992 | Protests against World Bank and IMF - Nigeria & Zimbabwe |
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| December | 1992 | Protests against World Bank and IMF - India |
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| 1992 | -
Global Biodiversity Strategy - published jointly by UNEP, IUCN, WWF, and
WRI. - U.N. Conference on Environment and Development (UNCED) - Rio de Janeiro. Produced: Agenda 21, Convention on Biological Diversity; Framework Convention on Climate Change; Statement of Forest Principles; Rio Declaration. - U.N. Commission on Sustainable Development - created to advance Agenda 21 |
Link: UNEP full text of 'Agenda 21' documents | ||||
| 1993 | -
First Meridian Conference on Global Governance - held in Bolinas,
California |
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| October | 1993 | Protests
against World Bank and IMF - India & Russia |
Comment: more than 500,000
people protest the Uruguay Round of GATT, in Bangalore, India |
|||
| 1 January | 1994 | -
NAAEC (North American Agreement on Environmental Co-operation) - NAALC (North American Agreement on Labour Co-operation) - NAFTA (North American Free Trade Agreement) |
-
Zapatista (EZLN) uprising in south west region of Mexico |
Comment: beginning of extensive
transnational links in structure of global resistance. So called global electronic resistance |
||
| 1994 | -
First Summit of the Americas, Miami, USA. 34 Nations participated. Agreement
to work towards creating a Free Trade Area of the Americas (FTAA) |
Link: the FTAA website | ||||
| January | 1994 | Protests against World Bank and IMF - Uganda |
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| May | 1994 | Protests against World Bank and IMF - Mexico |
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| June | 1994 | Protests against World Bank and IMF - Gabon |
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| 1994 | -
World Trade Organization (WTO) - formed at Uruguay round of GATT
negotiations |
Link: about the WTO | ||||
| 29 September | 1994 | - 50th Anniversary of World Bank and IMF | -
Manibeli Declaration (asking for ban on WB funding of Dams) - Establishment of '50 Years is Enough' campaign |
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| 1995 | -
World Summit on Social Development in Copenhagen. - Commission on Sustainable Development |
Comment: in 1995 the
International Finance Corporation (IFC) made almost US$3 billion in loans and
equity investments for 213 corporate projects in 67 countries. The IFC's
support for these investments leveraged another US$15 billion in financing
for these corporate ventures. Overall, the World Bank Group, supports
"about $25 billion of private-sector finance a year, or 10 percent of
all investment by private enterprise in developing countries." |
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| 1995 | -
"Our Global Neighborhood", final report released by the Commission
on Global Governance |
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| July | 1995 | Protests against World Bank and IMF - Ecuador |
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| November | 1995 | Protests against World Bank and IMF - Kenya |
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| September | 1995 | Protests against World
Bank - Spain |
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| 24 October | 1995 | - 50th Anniversary of UN | - Establishment of
'Peoples Assemblies' |
Link: to document
'Towards A Peoples Assembly by the Year 2000' |
||
| 1996 | -
Campaign for U.N. Reform, organized to lobby for global governance |
|||||
| 27 July to 3 August | 1996 | - EZLN organize the 'First
Encuentro' in Aguascalientes, Southern Mexico |
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| 29 September | 1996 | -
World Bank, Interim Committee and Development Committee endorse and call for
implementation of the Initiative to assist the Heavily Indebted Poor
Countries (HIPC) |
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| 2-4 February | 1997 | - Microcredit Summit
(Washington, DC) |
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| February | 1997 | Protests against World Bank and
IMF - South Africa |
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| July | 1997 | - Asian Financial Crisis |
Link: a page
dedicated to Asian Financial Crisis - Nouriel Roubini's Global Economics
Policy Site |
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| 1997 | -
Activists, coordinating a global campaign through the Internet, force the
OECD to shelve plans for a Multilateral Agreement on Investment, which would
have opened up the global economy to corporate investment beyond existing
agreements at that time |
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| 1998 | -
FTAA, Fourth Trade Ministerial Meeting, San Jose, Costa Rica |
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| 23-26 February | 1998 | -
People's Global Action worldwide co-ordination of resistance against the
global market |
Link: 'People's Global Action' homepage | |||
| May | 1998 | Protests
against World Bank and IMF - Indonesia |
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| 16 May | 1998 | - G8 Summit on Debt Relief | -
70,000 people protest in Birmingham blocking city centre (meeting moved to
country) |
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| 1 June | 1998 | -
Organised march of Children to stop child labour, finishing at the ILO in
Geneva |
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| 14 October | 1998 | -
France withdraws from OECD negotiations on the MAI. Negotiations subsequently terminated |
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| 15-17 November | 1998 | -
Meeting of 38 national 'Jubilee 2000' Campaigns in Rome on Debt
cancellation |
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| 31 January | 1999 | -
The Secretary-General of UN first proposed the 'Global Compact' at the World
Economic Forum, Davos |
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| 18 June | 1999 | J18
- An International day of action, protest and carnival aimed at the heart of
the global economy |
Link: the J18 Protest London | |||
| 1999 | -
Charter for Global Democracy, consolidates recommendations of Commission on
Global Governance into 12 principles |
Link: Charter for Global Democracy and 12 principles | ||||
| February | 1999 | Protests against World Bank and IMF - Romania |
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| April | 1999 | Protests against World Bank and IMF - Mexico |
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| May | 1999 | Protests against World Bank and IMF - Argentina |
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| July | 1999 | Protests against World Bank and IMF - Ecuador |
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| December | 1999 | Protests against World Bank and IMF - Argentina |
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| 30 November-3 December | 1999 | - WTO Conference in Seattle, USA | -
Large scale public protests. 50,000 people take to the streets in Seattle in
protests against the WTO effectively stopping the meeting for a day.
Ultimately these protests cause the WTO talks to collapse |
|||
| January | 2000 | Protests against World Bank and IMF - Ecuador |
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| March | 2000 | Protests against World Bank and IMF - Costa Rica |
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| April | 2000 | Protests against World Bank and IMF - Argentina, Bolivia, Kenya & Zambia |
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| May | 2000 | Protests against World Bank and IMF - Argentina, India, Malawi, South Africa, Russia, Turkey & Zambia |
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| June | 2000 | Protests against World Bank and IMF - Argentina, Ecuador, Paraguay & Nigeria |
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| 26 July | 2000 | -
United Nations Global Compact joint initiative on Human Rights, Labour and
Environment launched |
Link: UN Global Compact | |||
| August | 2000 | Protests against World Bank and IMF - Columbia & Honduras |
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| September | 2000 | Protests against World Bank and IMF - Brazil |
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| - World Economic
Forum, in Davos, Switzerland |
-
Thousands protest the gathering of corporate CEOs and world leaders in
Davos |
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| 8 March | 2000 | -
The International Financial Institution Advisory Commission ("Meltzer
Commission") releases report. The report is highly critical of the World
Bank and IMF and urges that they be radically reduced and restructured |
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| April | 2000 | -
Bolivia, large scale nation-wide protests against water privatization in
Bolivia force American corporate giant Bechtel to withdraw from the country.
Plans for privatization are put on hold |
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| May | 2000 | -
Argentina, up to 80,000 protested against the IMF |
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| May | 2000 | -
Kenya, a peaceful demonstration calling for debt relief and an end to IMF
conditions ends in violence and arrests of 63 protestors, including 15 church
leaders |
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| June | 2000 | -
Argentina, over 7.2 million workers support a 24 hour general strike in
defiance of the new IMF-prescribed labour laws |
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| 16 April | 2000 | -
Washington, D.C., World Trade Organization (WTO) and the International
Monetary Fund (IMF) hold annual spring meetings (held since 1975) |
- Large scale public protests | |||
| August | 2000 | -
Columbia, 15,000 workers go on protest and strike regarding IMF's loan
conditions |
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| 28-30 August | 2000 | -
UNDPI/NGO Forum held in New York to strengthen "Civil Society" role
in UN operations |
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| 6 September | 2000 | -
World Bank and IMF, (James Wolfensohn and Horst Kohler) issue a joint
statement on shared objectives and guiding principles |
Link: press release from World Bank | |||
| September | 2000 | -
Brazil, referendum asking whether Brazil should discontinue IMF reforms is
backed by more than a million people. Organised by the National Council of
Bishops and Jubilee 2000, the 'unofficial' referendum is a marked
success." |
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| 11 September | 2000 | - World Economic Forum, Melbourne Australia | -
10,000 to 30,000 protestors in Melbourne at the World Economic Forum. |
|||
| September | 2000 | World Bank and IMF
meetings held in Prague |
-
Prague, Czech Republic, Large scale public protests, 9000 demonstrators
participate in protests at the World Bank and IMF Annual Meeting. Meetings end earlier than scheduled |
|||
| January | 2001 | -
Angola, national strikes resulting from IMF prescribed adjustment
policies |
||||
| January | 2001 | - World Economic Forum, Davos, Switzerland | -
World Social Forum, Porto Alegre in Brazil, meeting attended by over 10,000
people. The goal was to discuss alternatives to the current forms of
globalization |
|||
| February | 2001 | -
Ecuador, nation-wide demonstrations and an activist occupation of the IMF
offices in Quito, the Confederation of Indigenous Nationalities of Ecuador
(CONAIE) claims victory as the President of the country bows to their demands
to lower gas prices and subsidize poor rural sectors |
||||
| February | 2001 | - World Economic Forum,
Cancun, Mexico. |
- Hundreds of
protestors (attacked by police) |
|||
| 2001 | -
Free Trade of the Americas Agreement (FTAA) meeting in Quebec |
- Large scale public protests | ||||
| 18 March | 2001 | - Naples,
Italy, an estimated 20,000 protestors march |
||||
| 1 May | 2001 | - Global May Day Protests |
Link: Guardian newspaper special reports website on May Day World
Events |
|||
| May | 2001 | -
Hawaii, USA, saw protest at the Asia Development Bank and its policies,
similar to those of the World Bank and IMF |
||||
| July | 2001 | -
India, ten million state employees go on general strike against privatisation
plans and to call for a halt to IMF, World Bank and WTO policies |
||||
| 2001 | -
Genoa, G8 summit |
-
Large scale public protests, at least one demonstrator killed by violent
police crackdown. Estimates vary from 100,000 to 200,000 protestors |
||||
| August | 2001 | -
Angola, national strikes resulting from IMF prescribed adjustment
policies |
||||
| 3 August | 2001 | -
The IMF and the World Bank invite public participation in a comprehensive
review of the Poverty Reduction Strategy Papers (PRSP) approach |
||||
| 8 August | 2001 | -
Mexico, approximately 5000 farmers march in protest of free trade and
globalization's effects on them and destroying self sufficiency in food
production |
||||
| 11 September | 2001 | -
New York World Trade Center and Washington's 'Pentagon' (US government
building) attacked by terrorists |
||||
| 9-13 September | 2001 | -
Doha, Qatar, The World Trade Organization (WTO) 4th Ministerial
Conference |
-
Small number of people demonstrate in Doha. - Demonstrations globally in connection with the Doha WTO meeting |
Comment: little or no access to
Qatar granted to individuals or groups wishing to oppose WTO policies, due to
anti-democratic and absolutist monarchical state. Since the meeting held in
Seattle (1999) WTO meetings increasingly held under anti-democratic circumstances So called Anti-globalisation movement lost momentum following reaction after the 11th of September attacks in the US |
||
| December | 2001 | -
Argentina, two days of violent protests at further IMF austerity measures,
and economic meltdown that brought down the government. More than 16 people
known to have been killed |
||||
| 2002 | -
Washington D.C. |
- 'A16',
Large scale public protests against the IMF |
||||
| January | 2002 | Protests
against World Bank, IMF and WTO. - Sri Lanka |
||||
| February | 2002 | -
World Social Forum, Porto Alegre in Brazil, meeting attended by over 51,000
people |
||||
| 28 September | 2002 | -
London, anti-war demonstration. 400,000 people march to protest against a war
with Iraq |
Link: CND website - information about the anti-war demonstratio | |||