IIRSA: infrastructure for the FTAA?
The initiative for Integration of Regional Infrastructure in South America (IIRSA by its Spanish acronym) is an ambitious plan aimed at integrating the region into international trade. But, who comes out the winner?
External debt
In the last two decades, the external debt has been a huge problem that third world countries have to face. This situation has generated a “spiral of poverty” where once inside it, is very difficult for developing countries to get out.
World Bank
The World Bank's main self-proclaimed objective is to eradicate poverty. Yet, evidence suggests that its programmes often harm the poor and the environment.
International Monetary Fund - IMF
The IMF is one of the most powerful international organizations. Its policies change the lives of millions of people in developing countries.
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