Book Review: Pillaging the World. The History and Politics of the IMF


“During his bloody coup, Pinochet had fully relied on the active support of the CIA and the US Department of State under Henry Kis­singer. When implementing the toughest austerity program ever carried out in a Latin American country, the “Chicago Boys” received the full backing of the IMF. Regardless of all human rights violations, IMF loans to Chile doubled in the year after Pinochet’s coup, only to quadruple and quintuple in the following two years.”

Read the review of Ernst Wolff’s book on the history of the International Monetary Fund, “Pillaging the World”.

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