How the IMF and World Bank Keep Developing Countries in Bondage

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Essay #: 062792
Total text length is 12,675 characters (approximately 8.7 pages).

Excerpts from the Paper

The beginning:
How the IMF and World Bank Keep Developing Countries in Bondage
Wealth creation in developing lands is impossible because of restrictions against wealth distribution imposed by donor nations through major economic international institutions
The ensuing paper argues a rather simple premise: wealth creation in developing countries has become impossible in light of restrictions against wealth distirbution imposed by donor nations via major economic international institutions such as the International Monetary Fund and the World Bank. This is a contentious topic because it is an article of faith in today’s society that austerity programs force developing lands to cut out debt, to remove themselves from supporting “non-productive” enterprises,...
The end:
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