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Delo: Whom should the IMF serve?

Ljubljana, 2 October - It is not at all bad for Slovenia in its given situation to have at least something to do with the World Bank as well as the IMF. Due to the relatively high gross national products per capita, Slovenia is no longer entitled to credits from the World Bank. Consequently, with the ability to meet debts on time and a rather stable macro-economy, Slovenia needs not go through the purgatory imposed on countries by the IMF. In terms of realistic world politics Slovenia's situation is less glamorous. The IMF and the World Bank give, like it or not, important lobbying opportunities, however, the Slovene influence in both organizations is, as could be witnessed in Prague, hardly anything more than non-existent.

© STA, 2000