Wednesday, January 28, 2009

WTO, IMF and others: Instruments of control?

Hello, sorry for the long delay in posting. Unfortunately that delay will continue into the next few weeks as I simply do not have enough time to work, study and blog everyday. So, I very much do want to find more time for blogging but for the moment I'm going to only try to blog ever few days or so and make it of some degree of quality if possible.

The only thing on my mind that is vaguely relevant that is not to do with Thai health care or HIV coverage (or about my grade 1, 2 and 3 students) is international monetary organizations such as the WTO, IMF, the World Bank and others. Question came up in my class last Sunday about whether or not these organizations are used to keep the developing world under the thumbs of the developed world. As the name of this blog came from a song written on the IMF, I thought it appropriate that I do comment on it, at least once.

It is my belief that these organizations are aware of the role that they play in keeping the poor poor. It is my opinion that these organizations and the world leaders who support them do so out of a power politics, realist desire to ensure the dominance of the Washington Consensus and to prevent other, dangerous systems or a change in the domination/sub ordinance world structure. China presents a real danger to the Washington consensus hegemoney because normally countries are too afraid of sanctions and having cash lines frozen to ignore the IMF and friends, but China doesn't rely upon western capital.

Okay, brief, rambling and full of errors, but that's all the time I've got now.

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