A bankers' world. (World Bank and International Monetary Fund meeting) (editorial)
Nation, The, October, 1989 by Henwood, Doug
A Bankers' World
Bankers, finance ministers and multinational bureaucrats congratulated themselves on the triumph of capitalism and partied expensively at this year's joint meetings of the World Bank and the International Monetary Fund, held in Washington the last week of September, but there wasn't much in the way of news. Most of the serious business was deferred. Everybody expressed a desire to save Poland, but nobody knew exactly what to do. Almost everyone publicly praised Treasury Secretary Nicholas Brady's plan for debt reduction, but privately most people agreed that the debt crisis might be getting worse. Bankers seemed more interested in getting out of the Third World, not getting more deeply involved with it.
The only real news was the World...
Most Recent Reference Articles
- ARAB EUROPEAN RELATIONS - Dec 22 - Russia Denies Selling Missile System To Iran
- EGYPT - Dec 29 - Opposition Says Mubarak Blessed Israeli Attacks
- ARAB AFFAIRS - Dec 22 - Syria Will Eventually Move To Direct Talks With Israel
- ARAB AFFAIRS - Dec 30 - GCC Denounces Massacre
- ARAB ISRAELI RELATIONS - Israel Issues An Appeal To Palestinians In Gaza
Most Recent Reference Publications
Most Popular Reference Articles
- The Greek chorus, Jimmy the Greek got it wrong but so did his critics - Jimmy Snyder and his views on pro sports and race
- Credit card debt on college campuses: causes, consequences, and solutions
- How Tyler Perry rose from homelessness to a $5 million mansion
- 9 questions to ask your new lover: what you were afraid to ask, but always wanted to know
- Living by the word: light the candles
