But the only problem with IMF and WB would be their policy-conditional contribute wherein they demand reforms on various economic policies of underdeveloped countries homogeneous lower tariff rate for United States or high tax discount on foreign investors from developed countries in exchange for funds . Therefore , to some extent , IMF and WB , watchs the economic policies of evolution countries by requiring the latter to comply starting line on IMF and WB s policy reforms before granting those financial help Since it is the government that makes economic policies , sovereignty is now at lay on the line every time developing countries borrow money to MF and WB since the government becomes powerless from the demands of IMF and WB and just completelyow these international institutions to change whatever economic policies that is currently existence implementedFor the past two decades , IMF and WB have been able to influence every developing soil around the globe . alter money serves as the powerful tool of IMF and WB in successfully penetrating the sovereignty of a given developing country in exchange for funding .

In the mindless run perspective , every one would agree that IMF and WB are of great help for developing countries . But in the long run , due to their interventions on economic policies of developing countries , there is a tendency that the policy-conditional impart of IMF and WB would not fit to the nature of economic activities a certain country has thereby will only cause instability in the next coming yearsIn this regard , it is already clear that the policy-condition lending of IMF and WB would only provide short lived benefits for the economy of developing countries since negative effects of the said intervention would offset all those benefits . It would be better if IMF and WB would minimize its interventions on economic policies of developing...If you want to get a full essay, order it on our website:
OrderessayIf you want to get a full essay, wisit our page:
write my essay .
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.