Joseph Stiglitz was chief economist of the World Bank - he should know. He was in the meetings when the World Bank and IMF met to decide the fate of nations. They were making the countries worse off. And he charges the IMF actually encouraged corruption. They'll take a strong position on petty larceny and petty theft, but on grand larceny, they'll look the other way.
Every nation gets the same exact four-step programme to the free market paradise.
Step one - freedom for hot money. Step two - freedom to increase prices. Step three - free trade for all. Step four, where it all begins, freedom to privatise everything. Insiders saw how it worked in Russia.