Meanwhile Joseph Stiglitz has accepted a post as chairman of Wall Street investment firm Brookdale which specialises in emerging markets. This calls into question the Bank’s failure to implement a quarantine policy to guide staff considering moves to other jobs. Stiglitz will also remain a special advisor to Bank President James Wolfensohn.
New report reveals IMF policy in the MENA region has remained unchanged after the 2011 Arab uprising, despite its rhetoric for change towards inclusive growth.
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