The concept of conditionality has long been at the centre of criticisms about the International Monetary Fund (IMF) and the World Bank. More recently, concerns about political influences on the institutions’ lending decisions abound, and so do worries about the unclear separation of tasks between the Fund and the Bank, governance issues, and their lack of transparency. The IMF, finally, seemed to be running out of clients until the recent crisis”. Do you agree with the views highlighted? Explain why or why not, using two real world country examples in the case of each International Economic Institution
The concept of conditionality has long been at the centre of criticisms about the International Monetary Fund (IMF) and the World Bank. More recently, concerns about political influences on the institutions’ lending decisions abound, and so do worries about the unclear separation of tasks between the Fund and the Bank, governance issues, and their lack of transparency. The IMF, finally, seemed to be running out of clients until the recent crisis”. Do you agree with the views highlighted? Explain why or why not, using two real world country examples in the case of each International Economic Institution
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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“The concept of conditionality has long been at the centre of criticisms about the International
Monetary Fund (IMF) and the World Bank. More recently, concerns about political influences
on the institutions’ lending decisions abound, and so do worries about the unclear separation
of tasks between the Fund and the Bank, governance issues, and their lack of transparency.
The IMF, finally, seemed to be running out of clients until the recent crisis”. Do you agree
with the views highlighted? Explain why or why not, using two real world country examples
in the case of each
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