Book Review-Unholy Trinity: The IMF, World Bank and WTO (Chapter Three: The IMF (PP. 66-127))

The book is written by Prof. Richard Peet and Published in 2009 by Zed Books New York – London.

The aftermath of WWII has brought a complicated Bretton Woods gathering, a prime cause for an intricate global governance system. It incubates non-state but powerful global governance systems-the IMF, WB, and WTO. It has purported to keep the power balance of the developed nations though it seems indifferent and equally benefiting all nations. It accumulated power and influence encircling 185 states of the word at its mercy hands. Most of which are decent but affected drastically and disastrously on their membership with IMF.

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