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Updated: May 24, 2025
The third lesson is that international financial institutions can be of some help when not driven by political or geopolitical considerations and when not married to a dogma. Unfortunately, these are the rare cases. Most IFIs notably the IMF and, to a lesser extent, the World Bank are both politicized and doctrinaire.
Every appointment in the public sector, down to the most insignificant sinecure, is still politicized. Yet, the economic decline precipitated by the transition to free markets, forced even the most backward political classes to appoint a cadre of young, foreign educated, well-traveled, dynamic, and open minded bureaucrats. These are no longer a negligible minority.
Wit; wild laughter, energy, directness, sincerity: these were in both. The types of the two men are not dissimilar. Burns too could have governed, debated in National Assemblies; politicized, as few could.
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