Ideas to Action:

Independent research for global prosperity

Public Event

The IMF and the World Bank Face Their Future

Friday, April 21, 2006 - 12:15pm to 2:00pm


The Center for Global Development and the Carnegie Endowment for International Peace co-hosted this symposium with Ngaire Woods.

Download the full text transcript [153 KB, PDF]

Speaker:
Ngaire Woods - University College, Oxford University

Commentators:
Dennis de Tray - Vice President, Center for Global Development
Sebastian Mallaby - Columnist, The Washington Post

Moderator:
Jessica Mathews - President, Carnegie Endowment for International Peace

The IMF and the World Bank are two of the strongest multilateral organizations in the world. They have been effective engines of globalization. Now they are under attack even by some of their most powerful members. Ngaire Woods’ timely new book, The Globalizers: The IMF, the World Bank, and their Borrowers, argues that the time has come to rethink what these multilateral institutions do and how they do it. CGD vice president Dennis DeTray, who represented the IMF in Vietnam and the World Bank in Indonesia and central Asia, and Washington Post columnist Sebastian Mallaby commented on her proposals in a lively discussion chaired by Carnegie Endowment president Jessica Mathews.