Primarily accountable to strong liberal economies

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It seems that International Financial Institutions are primarily accountable to strong liberal economies such as the United States and France, frequently at the expense of poorer nations who are in a perpetual state of interest while attempting to repay their international loans. For the success of not only these institutions but also the economies of the third world, a new system must be created that is not financially or politically dependent on any government. Is this an accurate challenge? How can they overcome the under-representation from the poorest countries?

Reference no: EM133338006

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