A look at the harsh conditions the International Monetary Fund (IMF) imposed on developing nations receiving IMF assistance and the consequences of those conditions..
Written in 2008; 1,080 words; 3 sources; MLA; $ 37.95
Paper Summary:
This paper examines IMF policies and structural economic demands and how they affect national economies and local populations. The paper relates that, while such structural conditions to a country's economy might, for the most part be well intentioned, they often have disastrous outcomes or, at best, minimal benefit to the receiving nation The paper then presents suggestions for alternative assistance strategies for struggling nations.
Table of Contents:
Overview
The IMF and Jamaica
The Gender Factor
Possible Alternatives
From the Paper:
"IMF SAPs are deigned to result in an increase in tradable goods and services that are defined as goods or services that can be traded on international markets rather than local markets. The indirect but clear impact on the local labor markets affected by IMF policies, such as Jamaica, is that while males that are more commonly employed in the non-tradable goods and services industries experience higher levels of unemployment, women, in contrast, are increasingly sought after to work the assembly and production lines that produce the tradable goods and services, they are still responsible for their child rearing, child care, and home-making duties."
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