The "Oxfam Insight Guides" series presents evidence to support the advocacy work of Oxfam (in the UK and internationally) on behalf of poor communities work, which is central to the agency's relief and development programme in over 70 countries. The World Bank and the International Monetary Fund dominate the economic policies of many of the world's poorest countries. In the 50 years after they were created, what impact are these institutions having on ordinary people's lives? This work argues that vulnerable economies have been damaged since the Bank and the IMF began prescribing economic structural adjustment programmes and funding capital-intensive projects which threaten local communities and the natural environment. It calls for a fundamental review of the policies of these powerful institutions, and a radical reform of their operations, in the interests of the people they were originally set up to serve.
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