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The International Monetary Fund: Outdated, Ineffective, and Unnecessary - A May 1997 backgrounder by the Heritage Institute's Bryan T. Johnson, which covers much of the history and criticism of the IMF. IMF and Structural Adjustment Policies - The IMF and World Bank structural adjustment policies have led to a spiraling race to the bottom for the developing countries that have followed their prescriptions, which require cutbacks on health, education and so on. Poverty as a result has soared.
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