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The IMF is literally a way for a country to acknowledge their mistakes and a process to get better through loans ( in a lot of cases). Greece was especially ba
by NicoJuicy 5y ago
The IMF is literally a way for a country to acknowledge their mistakes and a process to get better through loans ( in a lot of cases).
Greece was especially bad for example and at the state out was then, it should have never been allowed in the EU either.
The IMF helped in return for reforms which Greece didn't really liked and isn't visible in the short term.
But it is a long term vision and not a short term one.
Greece is an example that there's no difference between the west and others. The IMF, is believe, makes no difference.
( Just my opinion)