Edwin Truman

 
Edwin Truman

Edwin Truman is a senior fellow at the Peterson Institute for International Economics, which he joined after working in senior positions at the U.S. Department of the Treasury. On March 5, Truman accepted a temporary position at the U.S. Treasury. This piece was written and submitted before he received that offer.

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Governance of the Bretton Woods Sisters: Making Progress on the Agenda*

March 4, 2009

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The International Monetary Fund (IMF) and the World Bank are intergovernmental institutions. They are political in every sense of that word, from their structure to their culture. They are owned and directed by their member governments. Governments are political by construction. Consequently, we in the private sector—in think tanks, in non-governmental organizations, or as private citizens—often are frustrated because these institutions are, and should be, principally responsible to governments and only through them to us, the interested and concerned general public, even in cases where the responsiveness of member governments leaves a great deal to be desired. Read More…

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