DESVARIEUX: So Bill, lot of news coming out of the IMF this week. What have you been tracking exactly?The Real News Network
BLACK: Okay, so heres the 30 second background. IMF stands for International Monetary Fund. Its an international group that is supposed to assist countries that are suffering an acute financial crisis as opposed to the World Bank which is supposed to help folk more generally in development. And by tradition, the World Bank is run by an American and the IMF is run by a European. In this case by a series of French Politicians, currently Madame Lagarde and its the IMF and she have gotten into a series of major embarrassments recently.…
Is the IMF's Neoliberal Base Unraveling?
Jessica Desvarieux William K. Black | Associate Professor of Economics and Law, UMKC