it was on the internet, now i need it for a debate and i can't find it..please help!
2007-03-05 09:16:55 · 3 answers · asked by blahhhaha 3 in Social Science ➔ Economics
World Bank, International Monetary Fund, etc are organizations founded by the world's most rich bankers and corporations. They lend money to countries but they impose severe conditions on how to pay. They also request the indebted country to implement macro-economic measures as a payment guarantee. This can lead to unemployment, inflation and many other problems.
Topics for your debate can be obtained by typing in google the keyword: bilderberg club
2007-03-05 09:46:56 · answer #1 · answered by jspitia 2 · 0⤊ 0⤋
the world bank lends money to poor countries, but the poor countires still have to pay it back, with interest, this can often leave the country in even more debt as they struggle to pay off the interest
2007-03-05 17:26:03 · answer #2 · answered by Seamus S 3 · 0⤊ 0⤋
Not familar with the term "world bank".
2007-03-05 17:23:31 · answer #3 · answered by peach 6 · 0⤊ 0⤋