As the "lender of last resort" for the Global South, the International Monetary Fund (IMF) usually
A) insists on effective public health programs.
B) encourages production of food crops.
C) keeps corruption at a low level.
D) requires reinvestment within LDCs rather than exports for profit.
E) insists on structural adjustment policies.

Question

Quizplus · Accepted Answer

The International Monetary Fund (IMF), as a lender of last resort for countries in the Global South, often insists on structural adjustment policies. These policies typically involve measures aimed at reducing government deficits, liberalizing trade, and privatizing state-owned enterprises, among other economic reforms, to stabilize economies and restore growth.

As the "Lender of Last Resort" for the Global South