The Emperor Has No Growth: “In short, there is no region of the world that the Bank or Fund can point to as having succeeded through adopting the policies that they promote - or in many cases, impose - upon borrowing countries. They are understandably reluctant to claim credit for China, which maintains a non-convertible currency, state control over its banking system, and other major violations of IMF/Bank prescriptions. And in both India and China, their opening to trade took place about a decade after the increase in growth began.”

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