Historically, the International Monetary Fund has prescribed strict monetary policies and reduced government spending for developing countries that sought aid in dealing with currency crises. Consider the wisdom of the IMF’s approach. Was it effective? What possible repercussions are there to this approach? Suggest ways in which the IMF might change its approach in the future. Consider the implications of your suggestions for international business.
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Historically, the International Monetary Fund has prescribed strict monetary policies and reduced government spending for developing...
33. the policies of the International Monetary Fund (IMF) a. have as an important goal to help reduce poverty in developing countries, especially the poorest b. Are financed by contributions from the United States government c. Require the implementation of neoliberal economic policies in the countries that receive their aid d. lends interest-free money to governments as a measure to stimulate economic growth in countries e. all of the above characterize IMF