Question
Joseph Stiglitz argues in his book, Globalization and Its Discontents , how the International Monetary Fund (IMF) and the World Bank became missionary institutions through
Joseph Stiglitz argues in his book, Globalization and Its Discontents, how the International Monetary Fund (IMF) and the World Bank became missionary institutions through which the neoliberal ideas were pushed on the reluctant developing countries. Explain how policymakers in these international institutions, who were handpicked from the developed world and had with very little or no experience of working in developing world, pushed neoliberal economic policies and failed in delivering their promise of eradicating poverty from the developing world.
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