Is IMF And WB Make Countries Poor

I have been reading about Syrian uprising and found that, from:

There is certainly cause for social unrest and mass protest in Syria: unemployment has increased in recent years, social conditions have deteriorated, particularly since the adoption in 2006 of sweeping economic reforms under IMF guidance. The later include austerity measures, a freeze on wages, the deregulation of the financial system, trade reform and privatization. (See IMF Syrian Arab Republic — IMF Article IV Consultation Mission's Concluding Statement, 2006).

Further on I found that the IMF has been in Egypt and Tunisia before those countries had the uprising. Thia is from




 

In Egypt, a devastating IMF program was imposed in 1991 at the height of the Gulf War. It was negotiated in exchange for the annulment of Egypt's multibillion dollar military debt to the US as well as its participation in the war. The resulting deregulation of food prices, sweeping privatisation and massive austerity measures led to the impoverishment of the Egyptian population and the destabilization of its economy. The Mubarak government was praised as a model "IMF pupil".

The role of Ben Ali's government in Tunisia was to enforce the IMF's deadly economic medicine, which over a period of more than twenty years served to destabilize the national economy and impoverish the Tunisian population. Over the last 23 years, economic and social policy in Tunisia has been dictated by the Washington Consensus.

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