Do we really need World Bank And International Monetary Fund?
Since this two organization were created in 1945 idea was to help and protect countries which were member of the organization. But in resent year many people start to question their method of business. WB and IMF show that their had a different plan and idea about business. First WB come to a country and offers them help and money with bit high interest. But when the WB and the IMF money to debtor countries, the money comes with strings attached. These strings come in the form of policy prescriptions called "structural adjustment policies." These policies—or SAPs, as they are sometimes called—require debtor governments to open their economies to penetration by foreign corporations, allowing access to the country's workers and environment at bargain basement prices. Structural adjustment policies mean across-the-board privatization of public utilities and publicly owned industries. They mean the slashing of government budgets, leading to cutbacks in spending on health care and education. They mean focusing resources on growing export crops for industrial countries rather than supporting family farms and growing food for local communities. And, as their imposition in country after country in Latin America, Africa, and Asia has shown, they lead to deeper inequality and environmental destruction. So What i'm try to say here is instead of help to develop and create better life style, this organizations creating slavery, hunger, poverty, death.
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