Posted on 09/10/2001 9:30:10 PM PDT by Utah Girl
Edited on 09/03/2002 4:49:18 AM PDT by Jim Robinson. [history]
For more than 20 years, people from Argentina to Zambia have conducted mass protests against the policies of the International Monetary Fund (IMF) and World Bank. Because those demonstrations have occurred in developing countries, to which the IMF and World Bank are not accountable, the institutions have largely ignored them. Americans knew little of the protests and little about the policies of the institutions.
(Excerpt) Read more at washingtonpost.com ...
And here is the closing paragraph from this ludicrous editorial (perhaps I should have posted a laugh alert for it, this guy sure doesn't live in the real world...)
Another world is possible. If the IMF and World Bank operated transparently, if poor countries were relieved from the straitjacket of debt, if the institutions did not impose user fees for health care and other harmful policies, then countries would be much freer to pursue different economic strategies in accordance with the democratic determinations of their people. We share these modest democratic aspirations with people across the globe.
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