Date of Award
3-2012
Document Type
Thesis
Department
Political Science
First Advisor
Patrick Donnay
Abstract
Recently, there has been heated debate as to whether or not assistance from the International Monetary Fund has proven to be a great humanitarian effort or a scheme by Western governments to keep emerging Latin American countries in debt. The IMF partners with numerous governments in order to create a collective monetary community from which all may benefit in times of need. These partnered countries are also able to apply for assistance if they find themselves in monetary hardships. Some studies have shown that the IMF has been too heavy handed, while other studies have shown that recipient governments may misallocate these funds. I gathered economic variables such as; GDP annual growth, inflation rates, and unemployment rates from the IMF and the World Bank. Preliminary results show that when corruption is present and assistance is loosely structured there are frequently difficulties with finances later. These findings show that there is really no one entity to blame, but there are collective responsibilities that need to be addressed by both sides for success.
Recommended Citation
Smith, Paul Thomas, "IMF: Predatory Lender or Latin America’s Best Chance?" (2012). Political Science Theses and Capstones. 124.
https://pines.bemidjistate.edu/capstone-polisci/124
Included in
Banking and Finance Law Commons, Business Law, Public Responsibility, and Ethics Commons, Economic Policy Commons, Finance Commons, Global Studies Commons, Growth and Development Commons, Inequality and Stratification Commons, International Business Commons, International Economics Commons, International Relations Commons, International Trade Law Commons, Latin American History Commons, Latin American Languages and Societies Commons, Latin American Studies Commons, Latina/o Studies Commons, Policy History, Theory, and Methods Commons, Political Economy Commons
