US campaign group Global Exchange has published a pamphlet setting out ten reasons why the IMF and World Bank should be closed down. It argues that “the most important function of institutions such as the World Bank and IMF is political, not economic. They create stronger allegiance and accountability between third world elites and first world elites than exist between third world elites and their own people”.
IFI governance
News
10 Reasons to Abolish the IMF and World Bank
24 July 2002
