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'International Monetary Fund is not truly democratic institution.' Justify this statement with three examples?

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'International Monetary Fund is not truly democratic institution.' Justify this statement with three examples?

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(i) IMF's 173 member states do not have equal voting rights.

(ii) The vote of each country is weighed by how much money it has contributed to the IMF.

(iii) Nearly half of the voting power is in the hands of only seven countries.

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