Is the imf the ideal organization to bail out a country

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Reference no: EM133950655

Assignment:

International Monetary Fund (IMF)

1. Which countries or organizations would provide the economic support for a government that needs a bailout? Is the IMF the ideal organization to bail out a country?

2. Is it ethical for the IMF to bail out countries that repeatedly make bad economic and fiscal decisions? Is it ethical for the IMF to have significant requirements attached to its loans?

2. What lessons should be learned from the Greek debt crisis for countries with debt obligation issues and for organizations such as the IMF?

Notes :

Greece spent a decade in economic turmoil starting in 2009. The IMF provided financial assistance to "bail out" Greece multiple times during the crisis. Their loans came with requirements that Greece needed to meet.

Reference no: EM133950655

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