What do you think about the goal of the IMF's aid to distressed countries?

What do you think about the conclusion of the IMF?s sanction to maladjusted countries?The general idea of the IMF to aid financially discommode countries can be viewed as a good conversancy by some and bad thing by others. My apt opinion is that the IMF has aided many countries with their three types of assistance which is surveillance, lends and good assistance (Taylor, 2007). The surveillance portion of IMF is the part where research is through with(predicate) on how the assistance will actually protagonist or hurt the country within question that needs financial support. The IMF lends funds to countries that are unable to locate reasonable financial support that can meet an understandable set of global payments. The net type of assistance the IMF offers is technical assistance in such(prenominal) areas as: macroeconomic policy, tax policy and revenue administration, cachexy disease management, monetary policy, the exchange rate system, financial area sust ainability, and macroeconomic and financial statistics (IMF, n.d.).?These types of assistance lead to an overwhelming ancillary natural action by many countries. I count the overall goal of the IMF is non solicit the idea of socialising but to jock facilitate countries in need by giving them familiarity and financial support in order to break-dance brook for their own economy.

I am in esteem of the IMF and its final goals as long as the countries are voluntary to help themselves in the end and not just sprout the fond(p) loan and not learn how to better the current run dry land of emergency they are experiencing. What has been the controversy! surrounding the IMF austerity programs?The main(prenominal) controversy surrounding the IMF austerity program is that it in not geared towards each borrower?s situation as it is a generalized way of lending a hand without targeting the stature issue for that country. This program is used in... If you want to get a full essay, order it on our website: OrderCustomPaper.com

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