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The IMF, The World Bank Group And The Question Of Human Rights

The IMF, The World Bank Group And The Question Of Human Rights

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The IMF, The World Bank Group, and the Question of Human Rights explores various issues facing international financial institutions and their obligations to adhere to human rights norms.

Bahram Ghazi gets to the heart of the most important issues facing the global community today: namely, how to reconcile globalization and the activities of the World Bank and the IMF with the implementation of international human rights rules. His comprehensive work explains the relation between economy, finance, and investments and their impact on the human rights situation. Using an interdisciplinary approach, the author incorporates historical, political, economic, financial, and institutional dimensions into his analysis.

The IMF, The World Bank Group, and the Question of Human Rights features a basic overview of these global financial institutions, their structures and functioning. It proceeds with examples to explain the possible violations of human rights through these institutions' activities. Included is a sizable summary of the activities of the World Bank and the IMF related to human rights, with a discussion of the political perspective of the integration of human rights inside the Bretton Woods institutions and an analysis of the IFI's responsibility regime for non-compliance with their human rights obligations and the existing accountability mechanisms. The author ultimately provides a valuable proposal for ways in which the integration of human rights standards inside these institutions may be improved.

This work tries to analyze the legal human rights obligations of the IMF and the World Bank Group institutions in the most objective way. It is particularly relevant for both NGOs and civil society, groups who do not always know what the IFIs are and what they are doing, as well as to IFIs and the private sector for whom human rights are still very vague and more often associated with politics. With its considerable insight, The IMF, The World Bank Group and the Question of Human Rights will be valuable to each of these groups, as well as to students and academics searching for a tool to achieve a greater understanding of these issues.

Bahram Ghazi received his PhD. from the Graduate Institute of International Studies at Geneva. He is a human rights officer at the Office of the High Commissioner for Human Rights, Geneva.

The IMF, The World Bank Group, and the Question of Human Rights is the fourth volume to be published in Transnational's International Law and Development series, edited by Raj Bhala.