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Ebola Outbreak Research Paper

Decent Essays

The Role OF
International Monetary Fund (IMF)
In
The Ebola Outbreak
In
West Africa

Introduction
2015 began, with the world receiving a sobering message. Not only have the number of Ebola cases gone above 20,000, but in some affected countries, mostly Sierra Leone, the virus is still spreading. The death toll is now up to 8,000 and the common answers to how this outbreak got so large so quickly, bad governance, poverty, cultural practices, endemic disease in Guinea, Liberia and Sierra Leone and all this leads to the questioning of the poor public health response and services. Most critics are moving to the structural causes of weak health systems and showing that international lending policies, including and especially those of the IMF, should take most of the blame. …show more content…

For a long time, public health activists have pointed to the harmful effects of the condition the IMF put on its loans, known as conditionality, which more often than not constrain investment in public sector health services. Comment in medical journal, the Lancet (The Lancet Global Health, 2014) explained, the IMF has provided support to Guinea and Sierra Leone for almost two decades, and Liberia for seven years. All three countries were partakers in IMF programs when the Ebola crisis began. IMF conditional ties meant countries would have to priorities repaying debt and interest payments over funding of critical social and health services. Countries such as Guinea, Sierra Leone and Liberia have had to limit the number of health workers they were able to hire (Liberia had only 60 doctors before the Ebola outbreak, Sierra Leone had 136), they have also had to reduce wages to a low level to meet broader IMF policy

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