No open-access location is known for this record yet.
No open-access location is known for this record yet.
Under the conditions of fluctuations in the world economy, the International Monetary Fund (IMF) actively influences the economic policy of the Latin American region. This continued presence enabled the IMF to transmit the values of the neoliberal economic model to Latin American countries, as IMF intervention tended to become more intense in times of crisis, worsening balance of payments and lack of sufficient external funding. IMF critics often question the Fund’s decisive action, not only because of the recessive impact they may have on the economy, but also because of the potentially negative impact on political institutions and vulnerable social groups. In the XXI century debtor-countries are increasingly questioning the correctness of the “neoliberal recipes” of the Fund. Using the examples of Argentina, Brazil and Ecuador, the authors analyze the conditions of IMF financing programs, focusing on the efforts of governments to maintain as much independence as possible.
Loading…
Imported from OpenAlex (CC0) — nothing here is generated.