Enlightenment Philosophy World

The Age of the Enlightenment, from 1600 to 1770, is a term applied to a wide diversity of thoughts and advances in the fields of philosophy, science, and medicine. The main characteristic of Enlightenment philosophy is the belief that people can enthusiastically work to form a better world. During Age, the men felt they were an “Enlightenment” group. They had the beliefs that they had come closer to any other age to figure out how the universe and man worked and how to live more rationally and a good life. It was sometimes called the Age of Reason because most of the great thinkers’ and educated men of this time thought that the universe and world was logical, rational, and reasonable and, this could stabilize or a man’s modern passions and actions.

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IMF World Bank

The World Bank (the Bank) and the International Monetary Fund (IMF or the Fund) are now regularly criticized for being unaccountable and ineffective. This article attempts to dissect the way of the Fund and the Bank to form the policy in economic context at international level, to explain its flaws and influences in many developing countries. Firstly examine the conditions that the Bank and the Fund attach to the recipient countries of their loans and financial aid. Then discusse the role of the Bank and the Fund in global economic policy making, particularly in privatization and liberalization policy. Next summarizes unfavorable consequences of such one-heal-all privatization and liberalization policy. The conclusion suggests that many conditionality, neither necessary nor desirable for the receiptors, should be diminished.

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