But at least the World Bank is blatantly pro-American. Every World Bank president has been American. The Chief Economist up to 2000 are all pretty much American (one Israeli + one dual Israeli/American).
If you consider that bulk of cotton is produced in African nations but they have very little chance in getting paid at the rate American cotton output gets through subsidies from the government, poverty is inevitable. If the subsidies disappear, the prices will be allowed to correct and those African nations would be able to lift themselves out of poverty with the earnings. The free market is not at all governed by supply and demand, it's being interfered with the country with the most power. It doesn't end there, by increasing the price of an essential commodity, it's able to deny poorer countries from accessing it without not going into debt with World Bank, and with very little ability to repay the debt, the country is wide open for American corporations to set up whatever operation they can be allowed to by bribing that country's elite, and extracting any other remaining resources in that country or by blood. The men and women in those countries wearing American uniform, firing American guns, flying American fighter jets, fighting along side with America's war.
It's essentially how pimps work by coercing prostitutes into a large debt they can never repay, and must work the rest of their lives to pay off the debt, with a large amount of it being paid to the biggest pimps in the area, and tribute payments to the king of all pimps.
It's cleverly hidden through the language of international economics, and things like "freedom and democracy" for all parts of the world. Of course money and freedom sounds a lot better than trying to sell communism, but I personally believe, it's still a form of world domination. The marginal materialistic life we enjoy in North America and the West, someone on the other side of the world is dying for it, because the market favors those with the greatest power, and by which the rest of the world must play by.
Nevertheless, I choose the lesser evil between the two evils. Democracy and freedom it is because communism produces barbarians.
Those are not American financial institutions. The World Bank is an international organization and the WTO's headquarters are in Switzerland.