Anyone who, like me, was a student in the 1990s will remember how international governing institutions were then the chic thing to demonstrate against.
One image that sticks with me is of a young woman carrying a figure of a three-headed troll, representing (as she earnestly told the media) the IMF, the World Bank and the World Trade Organization ravaging the world’s poor.
I wonder what she would think today. When the policy outlook on display at the recent IMF and World Bank spring meetings is compared to what drew student ire a quarter of a century ago, it amounts to a conversion that could put Saul of Tarsus to shame.
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