The International Finance Corporation: The World Bank's Private Sector Fraud
Publication Date: August 1988
Publisher: Heritage Foundation (Washington, D.C.)
Author(s): James Bovard
Research Area: Banking and finance
Keywords: Economy
Type: Report
Abstract:
If Congress discovers, as seems to be the case, that the IFC - apparently fraudulently - has misused American taxpayers dollars, then neither the World Bank nor the IFC should receive further U.S. funds. If those organizations are not fundamentally reformed, the U.S.
should reevaluate its membership in these bodies.
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