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UN ticks off Bank and IMF.
Inter Press reports a "rare" display of public censure from the UN, which has rebuked the World Bank and IMF for failing to broaden developing country participation in international economic decision making.
In fact, the criticism in the 2005 World Economic Situation and Prospects echoes that in the 2004 report. The UN is clearly irked by the mess surrounding the appointment of the IMF director and the failure of both institutions to put a more open process in place...
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UK involvement in the Foundation for the Future.
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