1. "The IMF and World Bank hurt poor countries and undermine de
... for many of the world's heavily indebted countries. The World Bank and the International Monetary fund (IMF) are both international institutions created at the Bretton Woods Agreement of 1944 to help reconstruct Europe after the Second World War. Once it was felt that the original aim was achieved, they turned to the development of the so-called Third World. Today, the World Bank and the IMF classify 41 ... countries as Heavily Indebted Poor Countries (HIPC's), which, despite various debt relief initiatives are still the most hindered by external debt because they ... and so they pursu...
- Word Count: 2437
- Approx Pages: 10
- Grade Level: Graduate