Challenging Global Finance: Civil Society and Transnational Networks

231 Pages·2012·2.211 MB·English

by  Elizabeth Friesen (auth.)

Challenging Global Finance
International Political Economy Series
General Editor: Timothy M. Shaww, Professor and Director, Institute of
International Relations, The University of the West Indies, Trinidad & Tobago
Titles include:
Francis Adams, Satya Gupta and Kidane Mengisteab (editors)
GLOBALIZATION AND THE DILEMMAS OF THE STATE IN THE SOUTH
Susan Dicklitch
THE ELUSIVE PROMISE OF NGOs IN AFRICA: Lessons from Uganda
Elizabeth Friesen
CHALLENGING GLOBAL FINANCE: Civil Society and Transnational Networks
John Harriss, Kristian Stokke and Olle Törnquist (editors)
POLITICISING DEMOCRACY: The New Local Politics of Democratisation
David Hulme and Michael Edwards (editors)
NGOs, STATES AND DONORS: Too Close for Comfort?
Gordon Laxer and Sandra Halperin (editors)
GLOBAL CIVIL SOCIETY AND ITS LIMITS
Staffan Lindberg and Árni Sverrisson (editors)
SOCIAL MOVEMENTS IN DEVELOPMENT: The Challenge of Globalization and
Democratization
Laura Macdonald
SUPPORTING CIVIL SOCIETY: The Political Role of Non-Governmental
Organizations in Central America
Kurt Mills
HUMAN RIGHTS IN THE EMERGING GLOBAL ORDER: A New Sovereignty
Michael G. Schechter (editorr)
THE REVIVAL OF CIVIL SOCIETY: Global and Comparative Perspectives
Hans Peter Schmitz
TRANSNATIONAL MOBILIZATION AND DOMESTIC REGIME CHANGE: Africa
in Comparative Perspective
J. W. Wright, Jr. (editorr)
STRUCTURAL FLAWS IN THE MIDDLE EAST PEACE PROCESS: Historical
Contexts
International Political Economy Series
Series Standing Order ISBN 978–0–333–71708–0 hardcover
Series Standing Order ISBN 978–0–333–71110–1 paperback
(outside North America onlyyy)
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Challenging Global Finance
Civil Society and Transnational Networks
Elizabeth Friesen
Lecturer in Political Science, Carleton University, Canada
© Elizabeth Friesen 2012
Softcover reprint of the hardcover 1st edition 2012 978-0-230-34879-0
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First published 2012 by
PALGRAVE MACMILLAN
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ISBN 978-1-349-34581-6 ISBN 978-0-230-36830-9 (eBook)
DOI 10.1057/9780230368309
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10 9 8 7 6 5 4 3 2 1
21 20 19 18 17 16 15 14 13 12
Contents
List of Figures vi
List of Abbreviations vii
Acknowledgements x
1 Introduction 1
2 Power and Resistance 19
3 T ransnational Civil Society and the Campaign for
the Cancellation of Third World Debt 39
4 The World Economic Forum as a Site of Contestation 92
5 Conclusion 157
Notes 176
Selected References and Interviews 181
Index 215
v
Figures
2.1 Boomerang politics 36
3.1 Classic boomerang politics 85
3.2 Boomerang politics, variation 1 85
3.3 Boomerang politics, variation 2 86
3.4 Boomerang politics, variation 3 86
4.1 Boomerang politics, variation 4 146
vi
Abbreviations
AFL–CIO American Federation of Labor and Congress of
Industrial Organizations
AIDS acquired immune deficiency syndrome
ASEM Asia Europe Meeting
ATTAC Association for the Taxation of Financial
Transactions and for Citizen’s Action or
Association pour la taxation des transactions
financières et pour l’action citoyenne
BBC British Broadcasting Corporation
BIS Bank for International Settlements
CADTM Committee for the Cancellation of the Third
World Debt or Comité pour l’annulation de la
Dette du Tiers Monde
CAFOD Catholic Fund for Overseas Development – later
Catholic Agency for Overseas Development
CBC Canadian Broadcasting Corporation
CCCB Canadian Conference of Catholic Bishops
CEDETIM Centre d’études du Tiers Monde
CEJI Canadian Ecumenical Jubilee Initiative, later
Kairos: Canadian Ecumenical Justice Initiative
CIIR Catholic Institute for International Relations
CoC Center of Concern
CRID Centre de Recherche et d’information pour le
Développement
CSO Civil Society Organization
DAC Development Assistance Committee
DATA Debt AIDS Trade Africa,
Dette Dette et Développement
Development GAP Development Group for Alternative Policies
ESAF Enhanced Structural Adjustment Facility
EU European Union
EURODAD European Network on Debt and Development
FOE Friends of the Earth
FONDAD Forum on Debt and Development
G20 Group of Twenty
G-24 Group of Twenty-Four
vii
viii List of Abbreviations
GCAP Global Call to Action against Poverty
GCR Global Competitiveness Report
GLT Global Leaders for Tomorrow
HI Halifax Initiative
HIPC Heavily Indebted Poor Country
HIV human immunodeficiency virus
ICFfD I nternational Conference on Financing for
Development
IFG International Forum on Globalization
IFIwatchnet International Financial Institutions Watchnet
IIE Institute for International Economics
IIF Institute of International Finance
IPS Institute for Policy Studies
IMD Institute for Management Development
IMF International Monetary Fund
MAI Multilateral Agreement on Investment
MDGs Millennium Development Goals
MDRI Multilateral Debt Relief Initiative
NAFTA North American Free Trade Agreement
NEF New Economics Foundation
NGLS United Nations Non-Governmental Liaison Service
NGO nongovernmental organization
NSI North-South Institute
OAU Organization of African Unity
OECD Organization for Economic Cooperation and
Development
OSI Open Society Institute
PGA Peoples’ Global Action
RBWC Reinventing Bretton Woods Committee
RIFI Réseau pour la Réforme des Institutions Financières
Internationales
SAF Structural Adjustment Facility
SAP Structural Adjustment Program
SAPRI Structural Adjustment Participatory Review Initiative
SAPRIN S tructural Adjustment Participatory Review
International Network
TEARfund The Evangelical Alliance Relief Fund
TOES The Other Economic Summit
TNI Transnational Institute
UDN Uganda Debt Network
UN United Nations
List of Abbreviations ix
UNCTAD United Nations Conference on Trade and Development
UNDP United Nations Development Program
UNICEF United Nations Children’s Fund
WB World Bank
WCC World Council of Churches
WDM World Development Movement
WCR World Competitiveness Report
WEA World Evangelical Alliance
WEED World Economy, Ecology and Development or
Welwirschaft, Okologie & Entwicklung
WEF World Economic Forum
WSF World Social Forum
WTO World Trade Organization