INTERNATIONAL MONETARY FUND, WORLD BANK AND RESPECT FOR HUMAN RIGHTS: A CRITICAL POINT OF VIEW .

Most recent practices and actions, of the International Monetary Fund (IMF) and the World Bank (WB) concerning human rights violations, are widely examined, particularly from the point of view of UN Covenant on Economic, Social and Cultural Rights (CESCR) . In the light of such an analysis, the following conclusions are submitted: a) the rules on the international responsibility of international organisations are hardly applicable to IMF and WB, as a consequence of both the lack of primary human rights rules binding these organisations and the difficulty of attributing them with the said violations; b) the international responsibility of the member states carries a greater legal significance, if compared with the direct responsibility of IMF and WB, as a consequence of the human rights obligations of these states, in spite of the obstacles that exist, also with regard to its implementation; c) the conducts adopted by member States within the ambit of IMF and WB can negatively affect the legal significance of the relevant obligations provided for by the CESCR.