Influence of Corporate Funding on Think Tank Activities

Most think tanks describe themselves as independent institutions and usually deny any influence on their work from funding sources or other interests. Although some think tanks adhere to the concept of independent research, in several cases, albeit very often not visible at first sight, the influence of corporate money on the kind of issues picked up as well as the results presented can be noted. Corporate money so funds ideologically charged policy research with the aim to influence public policy making.

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World Bank

The World Bank as well as the International Monetary Fund (IMF) originated during World War II in preparation for postwar international financial and economic cooperation. Initiated by the United States and Great Britain. The principal functions of the World Bank are to assist in the reconstruction and development of its member countries by facilitating capital investment for productive purposes, to promote private foreign investment by guarantees of and participation in loans and other investments made by private investors, and to make loans for productive purposes out of its own resources or funds borrowed by it when private capital is not available on reasonable terms.

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