Politics of Aid and Conditionalities: The Crisis of Legitimacy of the World Bank and International Monetary Fund

This paper deals with the political economy of aid and conditionalities imposed by the donors such as World Bank and the IMF. It discusses the nature of aid conditionalities of different projects that enforce economic reforms, trade liberalization and privatization, and also of their negative consequences over the Bangladesh's economy. It also critically analyzes the role of global economic order in relation with bilateral and multilateral impositions and aid conditions over the poor countries.

This research paper can be used as an important campaign material against the neo-liberal economic hegemony and also against the bilateral and multilateral impositions that impede the comprehensive development process of a country like Bangladesh.

It can be useful for the activists, researchers, academicians and the members of the civil and political society. Any part of this paper can used, reproduced with the simple acknowledgement.