Wahu Kaara (with additional input by Kiama Kaara)

This year, Singapore is the host for the 2006 Annual Meeting of the Boards of Governors of the International Monetary Fund and the World Bank. Wahu Kaara argues that the reason the IMF and the World Bank chose Singapore is because these institutions want to exclude the poor people of the world. Further, she argues that these institutions only exist to serve the wealthy countries, while, simultaneously, undermine the sovereignty of poor countries. “The International Financial Institution (IFI)...read more