Why is international finance controversial?

Question

Quizplus · Accepted Answer

International finance is controversial due to the issue of sovereignty. When sovereign states borrow money from foreign investors or international organizations, they become indebted and may have to make decisions that prioritize the interests of those lenders over the needs of their own citizens. This can create tensions and conflicts of interest.

Answer: E
 Another reason why international finance is controversial is that international organizations like the IMF cannot require restrictions or standards on governments that borrow money. Some argue that this lack of accountability can lead to corruption and mismanagement of funds, while others believe that it is important to respect national sovereignty and allow governments to make their own decisions about how to use borrowed funds.

Why Is International Finance Controversial