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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.
Subcontracts frequently include penalty clauses to provide the main contractor defence into the case of the supplier’s poor performance. Why are penalty clauses not the complete an
Question 1 ‘The consumer is always king in the market place'. Critically examine this statement, highlighting the existence of market imperfections. Question 2 (a) Dis
What is the role of World Bank in the promotion of development? The World Bank was found to promote post-war reconstruction and flow of capital to progressing countries. Its o
Problem 1 Discuss how Monetary policy regulates the money supply in an economy through various instruments. A) Explanation of the instruments of monetary policy Problem
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Consider Fig 13-11. 1000 tons/day of moist MSW are processed to yield 700 tpd of RDF product. Raw MSW heat value is 5,000 btu/lb. RDF is 8,000 btu/lb. How did processing increase
It is significant that the contracts between the main contractor and the customer and between the key contractor and subcontractors are back-to-back; what is meant by that term?
What is a firm
What is import substitution? Import substitution: It is a government industrialisation policy for development by replacing imports along with domestic production. St
What effect would a rule stating that university students must live in university dormitories have on the price elasticity of demand for dormitory space? What impact might this in
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