Saturday, February 7, 2009

The World Bank (WB) & The International Monetary Fund (IMF)

This is a clip from the documentary "The New Rulers of The World" by film maker John Pilger. Take your time to watch it and share your comments:
1. What did you think of the image of the World Bank presented in the video?
2. What are the arguments that supprt the author's point of view on the
WB and the its IMF control most of the world's cash flow?
3. Do you agree or disagree with John Pilger's point of view?

1 comment:

  1. I think that this video illustrates negative images of the World Bank and International Monetary Fund, because it is stated that money that are received from WB and IMF are not a real help for poor countries but a tool for implementing the policy of WB and IMF in this countries. It is nothing else but a socialism for rich and capitalism for poor people.
    I dont fully agree with the author's point of view, because WB and IMF in general terms helped many poor countries to rise their level of development, well not at full posibility considering the amount of money they received, but this i think because World Bank and IMF weren't supervisng the money to be used correctly.