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The political economy of development
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This academic site promotes excellence in teaching and researching economics and development, and the advancing of describing, understanding, explaining and theorizing. (Róbinson Rojas)
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                     The World Bank. The institution
                     and its power. Opening up new markets for
                     transnational corporations. Pressuring less
                     developed countries governments to improve the
                     legal privileges for foreign investment.
                     Marketing long-term "structural adjustment"
                     policies.
                     The International Monetary Fund.
                     The institution and its power. Lender of last
                     resort for deficit on the current account of
                     balance of payments. The foreign debt. Opening
                     up new markets for transnational corporations.
                     Imposing short-term "structural adjustment"
                     policies.


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See "The World Bank and the International Monetary Fund", notes by
    Róbinson Rojas

see R.Rojas: The IMF. Effects on strategies for development
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