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When the economic hitmen come to the country with IMF conditionalities they accept them then trickle down all the money thats leftover. If you really want a nat
by arminiusreturns 4y ago
When the economic hitmen come to the country with IMF conditionalities they accept them then trickle down all the money thats leftover. If you really want a nation rich they should nationalize their products but thats usually when its time for "democracy" and you get coup'ed, so for the greater good, just do what the economic hitman says. Unfortunately only the corrupt elite get rich. Maybe they industrialize and create a middle class despite the corruption, which does the most to increase a nations wealth.
- thriftwy 4y agoIMF is not a develoment fund. It may help you get your balance meet if you already have runaway debt problem. If you don't, it will not come knocking.