Other testimony is on http://www.house.gov/banking/61599wit.htm.
It is nothing short of criminal that while we have Jeff Sachs saying that the debt
should be cancelled immediately and the IMF should abolish ESAF and get out of Africa
we have NGOs which claims to speak on behalf of poor people
from "Power Unto Itself," an op-ed piece in the Dec 10 Financial Times, by
Harvard shock therapist Jeffrey Sachs:
"The world waits to see what the [International Monetary] Fund will demand
of country X, assuming that the IMF has chosen the best course of action.
The world accepts as normal the
Sounds like Sachs is fed up with having his advice ignored. He
repeatedly called for IMF austerity programs in Eastern Europe to be
backed by debt forgiveness and large scale aid --neither of which was
forthcoming in most cases. It is worth remembering, however, that Sachs
and the IMF mostly
