Define advocates of the international monetary fund argue, Business Economics

Assignment Help:

Define advocates of the International Monetary Fund argue.

Advocates of the International Monetary Fund (IMF) argue

• Competitive devaluations were a characteristic of the inter war era and a major factor into the long recession of the 1930 year. The International Monetary Fund has had complete success while avoiding competitive devaluations from its inception.

• IMF short-term loans assist stabilise exchange rates and also the Balance of payments for a country into crisis for now. This intervention has no impact upon the underlying purposes for crisis. Unless action is done to resolve the economic factors which caused the Balance of payments shortage and exchange rate crisis, in that case future IMF intervention may be needed. For that IMF loans are conditional onto SAPs/PRS. Structural Adjustment Programmes enable a country to go by a painful adjustment process and by reform achieve a stable exchange rate as well as Balance of payments position and independence. An analysis has to be considered as to whether the costs of transition are worth the ultimate gains.


Related Discussions:- Define advocates of the international monetary fund argue

Methods of calculating national income, QUESTION (a) Explain the 3 meth...

QUESTION (a) Explain the 3 methods of calculating National Income? (b) Why do all countries in the world calculate their National Income every year, despite all the difficul

Libralisation, what is increaase libralisation?

what is increaase libralisation?

Business strategy, Your student union has decided to support a local charit...

Your student union has decided to support a local charity by fund-raising on a Rag Day to be held in the town. Key events include a fancy dress relay race with teams sponsored by l

Average, For the special case when firms are price takers, what is the rela...

For the special case when firms are price takers, what is the relation between total revenue, average revenue, marginal revenue and price?

Profit maximisation rate model, critically analyze the applicability of the...

critically analyze the applicability of the Marris model in the beverage manufacturing company

Economic principle, #questDuring the 1990s, technological advance reduced t...

#questDuring the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in ter

Industrial Organizations, Assume that there are two types of consumers (in ...

Assume that there are two types of consumers (in equal numbers). They have the following two inverse demand functions (coming from zero-income effect demand functions): Type A : p

Difference between absolute and comparative advantage, What is the differen...

What is the difference between absolute and comparative advantage? Difference between absolute and comparative advantage: • Absolute advantage arises while a country or reg

A transition economy, A  transition economy is Moving from a planned t...

A  transition economy is Moving from a planned to a mixed or free market economy.

Describe average in the class so far, On the first exam your score was a 96...

On the first exam your score was a 96%, on the second it was an 89%, and on the third test it was a 79%. The first exam is worth 10% of your grade, the second is worth 19% of your

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd