 His work on Greece's ongoing debt crisis has influenced the debate over what measures the Greek government should take in negotiating a solution with the European Central Bank, European Commission, and the International Monetary Fund.Weisbrot argues that globalization as promoted by the United States government and multilateral lending institutions such as the International Monetary Fund and The World Bank has failed poorer countries, stating that "no nation has ever pulled itself out of poverty under the conditions that Washington imposes on underdeveloped countries.