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Neoliberal policies advanced by supranational organizations have come under criticism, from both socialist and libertarian writers, for advancing a corporatist agenda.
Rajesh Makwana, on the left, writes that “ the World Bank and IMF, are major exponents of the neoliberal agenda ” advancing corporate interests.
Sheldon Richman, editor of the libertarian journal, The Freeman, also sees the IMF imposing “ corporatist-flavored ‘ neoliberalism ’ on the troubled countries of the world .” The policies of spending cuts coupled with tax increases give “ real market reform a bad name and set back the cause of genuine liberalism .” Paternalistic supranational bureaucrats foster “ long-term dependency, perpetual indebtedness, moral hazard, and politicization, while discrediting market reform and forestalling revolutionary liberal change .” Free market economist Richard M. Salsman goes further and argues the IMF “ is a destructive, crisis-generating global welfare agency that should be abolished .” “ In return for bailouts, countries must enact such measures as new taxes, high interest rates, nationalizations, deportations, and price controls .” Writing in Forbes, E. D. Kain sees the IMF as " paving the way for international corporations entrance into various developing nations " and creating dependency.
He quotes Donald J. Boudreaux on the need to abolish the IMF.

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