[FormerBandmate]

The World Bank and the IMF have led to flawed outcomes in some places, but they’ve also led to phenomenal outcomes (e.g. the Four Asian Tigers, post-war Europe, and Greece recently). Their failures are largely the fault of elite preconceptions rather than open malice

[rayiner]

When World Bank and IMF policies fail it’s more often than not due to the lack of political and personal virtue in the implementing countries.