IMF loan conditions detrimental to local policies in poor countries, says report

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IMF loan conditions detrimental to local policies in poor countries, says report

GlobalCapital
March 21, 2019 05:30 pm
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October 4, 2018, Tokyo, Japan - International Monetary Fund (IMF) Managing Director Christine Lagarde speaks before press in Tokyo after IMF's Article 4 consultations for Japan on Thursday, October 4, 2018. Lagarde met with Prime Minister Shinzo Abe and Finance Minister Taro Aso. (Photo by Yoshio Tsunoda/AFLO) LWX -ytd- | Yoshio Tsunoda/AFLO/Press Association Images

Do conditions imposed by the International Monetary Fund when it lends money to countries under its bailout programmes end up weakening states? Experts are divided, as Phil Thornton reports.

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