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Introduction
The Bretton Woods institutions, including the World Bank, International Monetary Fund
(IMF), and the World Trade Organization (WTO), were established after World War II with
the aim of promoting global economic stability, development, and trade. However, there
has been significant debate over the impact of these institutions, particularly in
exacerbating poverty and inequality in developing countries. This essay will discuss the
roles and responsibilities of the Bretton Woods institutions and examine how they have
contributed to the exacerbation of poverty and inequality in developing countries. Practical
examples from countries in the Global South will be used to illustrate these points.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is”
without any representations or warranties, express or implied. The author assumes no liability as
a result of reliance and use of the contents of this document. This document is to be used for
comparison, research and reference purposes ONLY. No part of this document may be
reproduced, resold or transmitted in any form or by any means.
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