What catchphrase informed the strategies of the IMF and World Bank and, importantly, through the Uruguay Round of trade discussions carried out under the auspices of GATT?

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"There Is No Alternative" (often abbreviated as TINA) was a catchphrase that significantly influenced the strategies of the International Monetary Fund (IMF) and the World Bank, as well as the Uruguay Round of trade discussions under the General Agreement on Tariffs and Trade (GATT). It reflects the idea that market economies are the only viable system, pushing for neoliberal policies and economic globalization.

What Catchphrase Informed the Strategies of the IMF and World