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#12 Is IMF (and World Bank) evil? Jonathan Manjasseril
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Today's episode is a short conversation with my son, Jonathan on the subject of IMF.
We all have heard enough conspiracies about global financial organizations like International Monetary Fund (aka IMF) and World Bank.
Do they exist to turn the world into a giant marketplace by growing the global economy indefinitely?
They claim, they promote international financial stability, facilitates international trade, promotes employment and sustainable economic growth, and helps to reduce global poverty.
How true are these claims?
Let's take a look at how these institutions operate and some benefits and pitfalls of their existence.
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