Discontent with the substantial influence of major global players in International Financial Institutions (IFIs) has raised a call to restructure these organizations. Greater involvement of borrowing members in lending decisions has been proposed in order to limit the exposure of development...

Although since 1974, under pressure of the new trends in the world economy, public financing began gradually to lose its relative importance for Latin American countries, there seems to persist an obvious demand for bodies such as the Inter-American Development Bank. In the author's view, the...