Tainting IMF's Georgieva: The U.S. Campaign to Tighten the Grip on Bretton Woods Institutions in Its Escalating Competition with China

..., the U.S. candidate, Jim Yong Kim, got this job with the not insignificant help of the Russian government. In this way, we are faced with an incredibly undemocratic situation where the U.S., G7 and the EU control the veto process in the IMF and the World Bank to the detriment of the majority of the world’s population. In other words, “For every vote that the average person in the Global North has, the average person in the Global South has only one-eighth of a vote (and the average South Asian has only one-20th of a vote),” as Hickel argues in his Al Jazeera article published on November 26, 2020, titled Apartheid in the World Bank and the IMF . Andrey Kortunov: The ...