The IMF often requires countries that borrowed from it to introduce policies that privatize government-owned industries such as telecommunications and power generation.This is an example of:
A)a balance of payments constraint.
B)conditionality.
C)limited capital account convertibility.
D)infrastructure investment.

Question

Quizplus · Accepted Answer

Conditionality refers to the requirements that the IMF often imposes on countries that borrow from it, such as privatizing government-owned industries.

The IMF Often Requires Countries That Borrowed from It to Introduce