Brazilian activist Marcos Arruda exposes the problems with his government’s economic policies and the role of the IMF in a new book. External Debt, Brazil and the International Financial Crisis assesses the history and implications of development lending to Brazil and discusses the programme agreed with the IMF in 1998 which has led to major cuts in social expenditure. Arruda concludes with proposals developed through his work with Policy Alternatives for the Southern Cone.
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This factsheet explains how the International Finance Corporation (IFC) operates, how development impact is measured, and the latest trends in investments by sector, region and instrument.
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