Why is IMF Support for Developing Countries Not Effective? Potential Challenges & Solutions

Описание: The vlog discusses the potential reasons why IMF support to developing countries may not always be effective. It covers various factors that contribute to this issue, such as the focus on austerity measures and privatization in Structural Adjustment Programs, onerous conditions, lack of ownership and commitment, potential negative impacts of investing in mega projects, and external economic shocks or crises. The vlog also highlights the benefits of investing in social well-being areas like education, SME support, health, and care. It suggests that developing countries should weigh the drawbacks of mega projects against the benefits of social well-being investment and prioritize policies that prioritize social well-being, consider the country's context, and ensure ownership and commitment by the government and citizens.
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