The IMF is a convenient scapegoat for the failure of politicians to properly manage the economies of their countries

Essay specific features

 

Issue:

Religion

 

Written by:

Brian J

 

Date added:

January 31, 2013

 

Level:

University

 

Grade:

C

 

No of pages / words:

8 / 2079

 

Was viewed:

5206 times

 

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Essay content:

Furthermore, this essay will argue that the IMF is not the conventional scapegoat for politicians as in the cases of other Latin American countries due to the nature of the relations of the IMF with the Mexican government. Such relations led to a much closer and colluded relationship among both actors...
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Such relations led to a much closer and colluded relationship among both actors. During the 1994-1995 crisis, the Mexican government, rather than blaming the IMF for such a crisis, solicited a loan and assistance from the IMF to handle the crisis. The IMF became a partner, rather than a scapegoat in the handling of the crisis...
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