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Gordon Brown urges reform of UN, World Bank and IMF

The Chancellor of the Exchequer of the United Kingdom, Gordon Brown, called for "modernization and reform" of the United Nations, the World Bank, and the International Monetary Fund, at a keynote speech in India on January 17, 2007.

Brown justified his call for change arguing that today's globalized world is not the same as the post-1945 world in which the international institutions were created.  He argued that the institutions therefore must adapt to deal with the overarching impacts of globalization.

A leading candidate to take over Tony Blair's post as Prime Minister by mid 2007, Brown stated that globalization has changed the world, and needs to work for all people through economic and social justice.  He linked the necessity of reforming the institutions to the fight against terrorism. Brown's speech echoed previous calls for reform of the institutions.

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See also

World Bank (IBRD & IDA) Accountability at the World Bank IFI Governance

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Last updated 05 September 2008
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