Immolate The IMF

Forbes, Steve
July 2011
Forbes Asia;Jul2011, Vol. 7 Issue 8, p13
In this article the author comments on the International Monetary Fund (IMF), its advantages and disadvantages. The author states that established during World War II, the main purpose of the IMF is to provide loan to the countries experiencing economic crisis and it has around 375 million dollars in its funds. He states that presently the IMF is doing more harm than benefit to the countries seeking its help, as for example, its debt restructuring program for Greece.


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