IMF and World Bank

Here is a radical idea…would the world be a better place without IMF and World Bank? Next to oil, are IMF and World Bank dictator saviours?

No clear answer to it, I suppose.

I’m of the position that, it is good to help, but in most cases, tough love is better, and more effective. Accountability, transparency is quite critical.

The kind of system that forces leaders (in order to keep their jobs) to perform and change peoples’ lives for the better, not buy more guns to silence their adversaries is what’s needed or something close to the cure of poverty . This is no brainer. But then again, that is what we’re suffering from.

Are IMF and World Bank in bed with the world’s dictators?

Let’s pray for democracy (as an end, not a means), performance based system, transparency, accountability.

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