Economics, Econometrics and Finance
8 years ago

IMF policies hinder economic growth and social development in Latin America.

International Journal of Diplomacy and Economy
Similarities and differences of IMF conditionality clause in Latin American and Euroarea states: a critical appraisal
Konstantinos J. Hazakis, Georgios C. Chatzievangelou

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The article compares how countries in Latin America and the Eurozone followed IMF rules from 1991 to 2014. It looks at how these rules affected their economic policies. The study shows that these rules can hurt economic growth and social progress. It suggests that the IMF should change its rules to help both the economy and society.