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Why Human development matters

THE World Bank/IMF Annual Meetings were recently concluded in the paradisiacal island of Bali in Indonesia. It was attended by more than 3,000 delegates, among them finance ministers, central bank governors, high civil servants, international officials and the lot.  IMF Managing Director Christina Lagarde likened it to a successful wedding. Weddings take a lot of preparation; and then the grand occasion arrives. Then the merriment follows and all guests eventually depart, taking with them fond memories of everything that transpired.

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