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Vol 44 No 20

Published 10th October 2003

The gift horse's mouth

The United States, the economic superpower, holds the power of veto in the International Monetary Fund and World Bank. That could be threatened by proposals to increase the clout of poor countries and the big emerging economies a campaign that gathered momentum at the Bank-Fund annual meetings in Dubai, just after the Cancún fiasco had shown how strongly Brazil and some African states were prepared to resist the industrial countries' liberal economic agenda.

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