From Paul Wolfowitz (2005-2007) to David Malpass (2019-…): the U.S. President’s men control the World Bank — Éric Toussaint

Summary:
The World Bank was set up this way. The IMF is traditionally under the command of a European.This is why the US and West opposes the Chinese alternatives. Poaching on the Empire's territory. A new form of decolonization is urgently required to get out of the predicament in which the IFI [international financial institutions] and their main shareholders have entrapped the world in general. New international institutions must be established. This new series of articles by Éric Toussaint retraces the development of the World Bank and the IMF since they were founded in 1944. The articles are taken from the book The World Bank: a never-ending coup d’état. The hidden agenda of the Washington Consensus, Mumbai: Vikas Adhyayan Kendra, 2007, and The World Bank : A critical Primer Pluto, 2007. MR

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