IMF world bank (Issue 365)

Sixty years since the historic Bretton Woods conference in New Hampshire led to the creation of the World Bank and the International Monetary Fund, more and more people are critical of the role they play in the global economy. Failed economic reforms imposed on the `developing world' have proved catastrophic for the vast majority of its citizens while the debt crisis looms larger than ever. Can they be reformed? Or should they be swept away? And what might a world without the World Bank and the IMF look like?

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