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Opening the Schoolhouse: Undoing the World Bank's Damage For 30 years, the International Monetary Fund (IMF) and World Bank have remade much of the developing world according to a market fundamentalist ideology. The results -- measured by lost wealth, stunted social indicators, depletion of natural resources and trashing of the environment, rising inequality and concentration of income, damage to indigenous communities, or many other standards -- have been catastrophic. Can the ongoing harm be undone? Yes. Consider one very small example, with not-so-trivial consequences: the case of school fees in Kenya.

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Opening the Schoolhouse: Undoing the World Bank's Damage

For 30 years, the International Monetary Fund (IMF) and World Bank have remade much of the developing world according to a market fundamentalist ideology.

The results -- measured by lost wealth, stunted social indicators, depletion of natural resources and trashing of the environment, rising inequality and concentration of income, damage to indigenous communities, or many other standards -- have been catastrophic.

Can the ongoing harm be undone?

Yes.

Consider one very small example, with not-so-trivial consequences: the case of school fees in Kenya.