The IMF (corruption facilitators)
Peruvian economist Hernando de Soto said that you can initiate
institutional reforms only if they are championed by the head of
state. One of the reasons many Czechs welcome "shared
sovereignty" with international institutions is precisely because
of the lack of support by their head of state for real reform.
Where are these international institutions, though, when
corruption threatens - literally - to drive the Czech Republic into
bankruptcy? True, the EU antitrust authority raided the offices of
ČEZ, but the latest mission of the IMF came and went without a
single public mention of the corruption that is crippling the
country. The closest the IMF came was to write that "there is
scope for improving efficiency of public services delivery and
public procurement." To understand what is happening to Euro-
American civilization, we must accept that international
organizations are facilitating the decline.
[Czech Republic International Monetary Fund European Union
Václav Klaus]
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