Latin America

Would Strauss-Kahn’s Downfall Mean More IMF Democratization?

Last week, a high-ranking International Monetary Fund official lectured a conference of Latin American central bankers in Rio de Janeiro, Brazil, about not letting their economic booms overheat into financial crises. It’s the sort of warning that any country should of course heed. But the IMF has lost a lot of clout in Latin America …

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