The IMF is one institutional which has been responsible for maintaining this world order. Since governments need exceptional financing, they are arm-twisted by the IMF.
A recent United Nations General Assemby note, Promotion Of A Democratic And Equitable International Order, has recognized this and criticizes the IMF strongly.…
The report is 18 pages long and critical of the IMF from the start to the end. Please read. You won’t find any discussion of the report in the mainstream media.The Western dominated international organizations enforce the neoliberal interpretation of the Washington Consensus that is foundational to neoliberal globalization under Western-dominated financial capitalism.
The Case for Concerted Action
An Important Note By The United Nations On The IMF And The World Order
V. Ramanan
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