"The IMF and the World Bank have integrated a large number of countries into the world economy by requiring governments to open up to global trade, investment, and capital. They have not done this out of pure economic zeal. Politics and their own rules and habits explain much of why they have presented globalization as a solution to challenges they have faced in the world economy."?from the Introduction The greatest success of the IMF and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the International Monetary Fund and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods brilliantly decodes what they do and why they do it, using original research; extensive interviews carried out across many countries and institutions; and scholarship from the fields of economics, law, and politics. Global Mission focuses on both the political context of IMF and World...
