The World Bank Should Resign

June 2007
Forbes Asia;6/18/2007, Vol. 3 Issue 11, p9
The author comments on the economic assistance given by the International Monetary Fund (IMF) and the World Bank to developing countries. It was noted that the mission of the IMF was to give countries temporary short-term loans so they could put their economic developments in order and the World Bank was designed to help countries finance major infrastructure projects. He stated that the World Bank became a destructive force by ignoring internal corruption in its client countries.


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