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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.
#question the importance of managerial economics..
QUESTION 1 (a) Explain the relationship between scarcity, choice and opportunity cost. (b) How is choice about the use of scarce resources made in a market economy? QUES
concept ofexploitation of labour
Australia has emerged from the Global Finance Crisis (GFC) as "the strongest economy in the developed world" (Editorial, The Australian, 11 December 2009). The economic editor of T
What is poor governance? In countries along with poor governance: • The rule of law has not working for example civil war and areas run by war lord • Bribery and corrupti
How does culture influence the development process? Culture influences what is of value into a society and affects how individuals, communities and organisations react to modi
MC=25+30Q-9Q^2 fixed cost=55 find total cost avarage cost variable cost
How can less developed countries economies produced by developing its primary sector as agriculture? Less developed countries economies cannot grow by developing its primary se
Expansionary fiscal policy happens when the government cuts spending. How?
Consider a market for a good where there is a per unit tax set at t cents per unit sold, where the demand curve slopes downward and where supply is perfectly inelastic. Suppose the
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