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Why are the IMF and World Bank so controversial ?

Follow the Money Uncharted channel on WhatsApp: https://whatsapp.com/channel/0029Va8Q... The IMF and World Bank are intergovernmental organizations (IGOs) that shape the global development and financial order. They were originally founded with the goal of recreating the international economic system after World War II (WWII) and are known as the Bretton Woods Institutions (BWIs). However, People have protested against the IMF in country after country that has borrowed from it, be it Argentina, Ecuador, Egypt, Greece, Jordan, Kenya, Nigeria, Pakistan or Tunisia. They frequently accuse the IMF, the world's last resort lender, of promoting debt imperialism and worsening economic inequality. So, Why are IMF and the World Bank are so controversial? Why do People Dislike them? _____________________________________________________________ Enjoyed the video? Let us know in the comment section📋📋 Subscribe to our channel for more content. -About Money Uncharted Money Uncharted makes Explainer Documentaries about Money, Finance, Economics, and Business. ____________________________ For Copyright and Business only : [email protected]