How do international organizations such as the IMF and the IDB influence country crises?

Social Studies

1 answer:

tino4ka555 [31]3 years ago

6 0

Answer:

Explanation:

I assume the question is about country crises with finance as IMF (International Monetary Fund) and IDB (Inter-American Development Bank) are international organisations specializing in global finance and monetary policy.

When a country runs into finance troubles, e.g. with huge government deficit and unable to pay back loans, such organisations will offer help and assistance. It may be a bail-out loan or a line-of-credit so that the country can solve its immediate cash shortage. But those organisations will also want the government to implement changes like reduce corruption, curb expense so that the country will have better monetary health in the future.

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