World’s Central Bankers Will Attend Shanghai Meetings Next Week, IMF Says

By Kevin Costelloe|Bloomberg

The IMF: Raping The World, One Poor Nation at a Time. The International Monetary Fund (IMF) has been described as one of the enforcers of globalization. Nations who receive IMF assistance are often forced to surrender more sovereignty and further open up their borders to international banks and multinational corporations. Dana Gabriel -

Central bankers and other officials will meet at a previously scheduled conference in Shanghai on Oct. 18, the International Monetary Fund said today.

The IMF said in a statement in Washington that it will sponsor the conference with representatives from Asia, Africa, Europe, North America and South America.

The IMF said the topic is “Macro-Prudential Policies: Asian Perspectives” and that the People’s Bank of China will host the conference.

“The conference is part of the ongoing international examination of the policy challenges posed by the global financial crisis,” according to the IMF statement. It said Chinese central bank Governor Zhou Xiaochuan and IMF Managing Director Dominique Strauss-Kahn will be co-chairmen of the event.

Federal Reserve Governor Kevin Warsh will be among those attending the meeting. Bank of Japan Deputy Governor Kiyohiko Nishimura will attend the event, the Japanese central bank said.

The European Central Bank, the Bank of England and the Bank of Canada said none of their policy makers are scheduled to go.