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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.
Is agricultural price instability a problem for Less Developed Countries? Problem of agricultural price instability for LDCs: a. Several Less Developed Countries have a com
Define the term project initiation in project management methods. Project initiation: It is a main control point in a project as this is where the Project Board gives for
Why are countries that let people respond to the inborn profit motive better off than those countries that do not?
QUESTION Explain the meaning of classical dichotomy, neutrality of money and Walras law. b. "In a Walrasian general equilibrium model with money as a unit of account, only r
Types of Transaction on the Capital Account are stated below: It is useful to recall the basic types of transactions recorded on the capital account: foreign portfolio investme
What are the critics of advocates of World Bank in promotion of development? Critics of the World Bank argue: • A one-size-fits all strategy which does not take account
What are the social economic factors and non economic factors in the development process? Development is a process including change into a number of social economic and non eco
QUESTION (a) Define a public good and discuss how free riding might be a problem in the provision of a public good. (b) What is the rationale for government intervention in
how does occupation affect the size of labour force
Importance of production.
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