Lingua Islamica: Washington Post: IMF, World Bank Face Irrelevance

An excerpt from a Washington Post article about Latin American countries shying away from relying on the IMF and the World Bank:

The International Monetary Fund and the World Bank aren't very popular these days in Latin America. Venezuelan President Hugo Chavez wants to sever all ties with the top two international financial institutions based in Washington, claiming they are "tools of U.S. imperialism." Ecuadorian President Rafael Correa has evicted the World Bank representative from his country and declared him persona non grata, saying the bank's loans are tantamount to blackmail.

Given Chavez's and Correa's reputations for antagonism, their actions might seem expected. But other governments throughout the region, conservative and liberal alike, are also distancing themselves from the institutions for a variety of reasons.