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Resource ID: #10456
Subject: Foreign Affairs
Source: Z Magazine
Affiliation: 
Date: 

Description

Z Magazine reveals how misguided policies at the World Bank and the International Monetary Fund have reversed economic development in third world nations and led to a massive flow of capital to the industrial nations; programs aimed more at helping Western commercial banks than developing nations have led to environmental disaster, increased poverty and a cycle of dependency with no benefits to the underprivileged, July/August 1994.

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