Why do people dislike the IMF and World Bank?

The International Monetary Fund (IMF) and the World Bank are two of the most powerful organizations in the world. Unfortunately, many people have strong negative feelings towards these institutions due to their history of imposing austerity measures on struggling nations, their lack of transparency, and their tendency to prioritize the interests of the wealthy over those of the poor. Consequently, people around the world often view the IMF and World Bank with suspicion and dislike, even though both organizations have done some good in the past.

Written by

Dwayne Scott, Mar, 14 2023