In making loans to highly indebted countries,the International Monetary Fund typically insists on
A) structural adjustment.
B) democratically elected governments.
C) high interest rates.
D) human rights reforms.

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF) typically insists on structural adjustment policies when making loans to highly indebted countries. These policies require the country to implement certain economic reforms, such as reducing government spending, increasing exports, and privatizing state-owned industries. The goal is to stabilize the country's economy and make it more market-oriented in the hopes of increasing growth and reducing debt.

In Making Loans to Highly Indebted Countries,the International Monetary Fund