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The IMF is hurting countries it claims to help | Mark Weisbrot

Þri, 27/08/2019 - 14:02

The fund’s loan agreement with Ecuador will worsen unemployment and poverty

When people think of the damage that wealthy countries – typically led by the US and its allies – cause to people in the rest of the world, they probably think of warfare. Hundreds of thousands of Iraqis died from the 2003 invasion, and then many more as the region became inflamed.

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Mark Weisbrot is the co-director of the Center for Economic and Policy Research in Washington and the president of Just Foreign Policy. He is also the author of Failed: What the ‘Experts’ Got Wrong About the Global Economy

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