Prague -- A three-day Counter Summit during the IMF/World Bank Conference was announced today by INPEG organizers. Featuring prominent experts and activists from around the globe, it will offer lectures and discussions exploring the devastating impact of World Bank and IMF policies.

Each day of the Counter Summit will focus on a different issue at each different location. Issues will include economic globalization, ecology, labor, and grassroots organizations.

The Counter Summit will take place at three locations in Prague on Sept 22-24 from 10:00 to 19:00, with slight variations per location. The locations are:

1. Cultural House Domovina, Na Maninach 32, Praha 7;
2. Cinema Aero, Biskupcova 31, Praha 3;
3. Cultural House Vltavska, Bubenska 1, Praha 7.

Speakers will include Walden Bello, co-director of Focus on the Global South and widely respected author of A Siamese Tragedy: Development and Disintegration in Modern Thailand (1998); Silvia Federici, expert on IMF-sponsored structural adjustment in Africa; and Samir Amin, Egyptian economist and author of many books including The Age of Globalization.

"We consider this a forum for exploring how the IMF and World Bank undercuts democracy, increases human suffering and destroys the environment," said Countersummit Organizer David Lorenc.