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What are the actual goals of the IMF? I'm struggling to understand why it is in their interest to bankrupt Greece.
by junto 11y ago
What are the actual goals of the IMF? I'm struggling to understand why it is in their interest to bankrupt Greece.
- ZoeZoeBee 11y ago>The IMF assesses whether domestic policies promote countries’ own stability by examining risks they might pose to domestic and balance of payments stability and advises on needed policy adjustments. It also proposes alternatives when countries’ policies promote domestic stability but could adversely affect global stability. http://www.imf.org/external/np/exr/facts/globstab.htm http://www.imf.org/external/np/exr/facts/globstab.htm In other words, poorer countries are often forced to take un-repayable loans to deal with a tough situation, they then find themselves subject to the true intentions of the IMF, which are difficult to discern. The IMF often says one thing while doing the other to mask its actual goals.