The Who, What, and for Whom of the IMF

Global Humanist Shoptalk by M L Clark

Episode notes

In this second miniseries of Season 2, "Global Finance", we're wrestling with the strangeness of living in a world that aspires to a level of global integration our current systems can't support - and maybe don't want to. The IMF and World Bank are complex forces in the world today. Located in and funded by countries that caused a great deal of financial inequality in the first place, is their austerity-driven approach to loan programs truly what many struggling nations need to break from cycles of poverty?

REFERENCES

Easterly, William. "The Effect of International Monetary Fund and World Bank Programs on Poverty", World Bank/IMF External Documents, 2000. https://www.imf.org/external/pubs/ft/staffp/2000/00-00/e.pdf

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