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Rise and fall of US-led neocolonial financial order: From Bretton Woods to BRICS

Geopolitical Economy Report

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The Rise of the International Monetary Fund

This is the era of neoliberalism on the rise with Ronald Reagan in the US, Margaret Thatcher in Britain. And here we have the structural adjustments that come in the Washington consensus policies. The International Monetary Fund was originally created to deal with balance of payments problems. Now concluding here, I want to briefly highlight some of the changes we're seeing today because we are seeing significant changes.

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