Explain critics of the international monetary fund, Ask an Expert

Economics

Explain critics of the International Monetary Fund argue.

Critics of the International Monetary Fund (IMF) argue:

• The IMF is suffering through mission creep and requirements to return to its core mission to give short-term financing to stabilise not restructure economies. Previously of twenty years, the IMF has been strengthened extremely. Thanks to the debt crisis and the mechanism of conditionality, this has moved through balance of payments support to being quasi-universal dictator of well-admired "sound" economic policies Susan George

• SAPs/PRSP are a particular-size-fits all strategy which does not take account of individual countries exact contexts.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9580363

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