ABSTRACT
Most recently, the World Bank and the IMF have come under heavy criticism from the most supportive of governments: the United States and the United Kingdom. The economic crisis in Southeast Asia and in Russia has prompted calls for radical overhauls of the two institutions, and the possibility of adding more international institutions to the international financial regimes. Allegations of large scale mis-use of IMF funds in Russia resulted in Russian calls for no more money, while the underlying structures supported by the IMF in the economies of Thailand, Indonesia, Malaysia and elsewhere have resulted in sharp criticism of the IMF in terms of the decision-making processes and principles.
