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Scandal at the IMF and World Bank

Ones and Tooze

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Global Finance and Political Pressures

This chapter explores the influential roles of the World Bank and IMF in global economics amidst the rising tensions of the U.S.-China Cold War. It scrutinizes a scandal involving the manipulation of the Doing Business Index, particularly regarding China's ranking, raising critical questions about the integrity of international institutions. The discussion highlights the interplay between technical data and political dynamics, underscoring the challenges these institutions face in maintaining credibility amid external pressures.

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