Clear-out time for IMF, World Bank

The IMF has over the past decade renounced its monetary role. Dominated by political slogans, it has portrayed itself, instead, as a poverty fighter. Both institutions wanted to promote good governance and fight corruption in Africa, as if corruption existed only in Africa and nowhere else. Although fighting corruption has no clear or measurable meaning, most likely turning humans into angels, such demagoguery shows how far removed both institutions have been diverted from their Bretton Woods mandates.