Oz Blog News Commentary

the devious IMF and the rotten world bank……...

June 18, 2022 - 08:42 -- Admin

The International Monetary Fund and the World Bank have long been criticized for the onerous influence they exert over the domestic policies of many states. Especially since the 1990s, they have been excoriated for imposing policies—such as structural adjustment reforms and austerity measures—on client states that deepen inequality in the Global South, which, in turn, benefits the powerful countries of the Global North.


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