How Institutional Fundamentalism Became the Religion of Neoliberalism
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Politics
July 22, 2026
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Jul 22, 2026 Features / Columnists, Peeping Tom
(Kaieteur News) – There are few propositions in modern development thinking more seductive and more misleading than the claim that prosperity begins with “strong institutions.” It has become the secular gospel of our age.
The World Bank preaches it. The International Monetary Fund institutionalises it. A global industry of governance consultants, policy advisers and development experts has built an entire professional universe around it.
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