There were times when there were riots in Africa, demonstrations against the IMF because of the policy advice they were giving, the conditionalities they were imposing, and the difficulties that arose out of the implementation of those conditionalities.
International institutions like the Security Council, the General Assembly, the G20, the BRICs, the IMF, etc., continue to be little more than an extension of the (increasingly conflicting) values and interests of member states.
I do wish that the IMF and the World Bank would disappear soon.
The IMF economists were doubtless shaken by the extreme failures of their prescriptions over many years, and by the collapse of the intellectual edifice of economic theory on which they were relying.
The good thing about the IMF is there is no European politics involved.
But such IMF pressure is very much helpful for me to push such a, you know, reform. So in this sense I think IMF is very much helpful for alien society.
The interests of the IMF represent the big international interests that today seem to be established and concentrated in Wall Street.
We simply cannot afford any further delay in providing the IMF with the resources it requires to help contain the threat of further financial and political instability around the world.
When the President decides to go to war, he no longer needs a declaration of war from congress.
I think the IMF helped to detonate the Indonesian crisis.