Why Has the IMF Come in for Widespread Criticism for Its

question 88

Multiple Choice

Why has the IMF come in for widespread criticism for its handling of the Asian financial crisis?

• A)It refused to make loans to any of the countries whose currencies were under speculative attack.
• B)Its policies did not sufficiently punish speculators with losses, giving rise to moral hazard.
• C)Its policies led to unsustainably low interest rates in a number of Asian countries.
• D)Its policies failed to lead to sufficient hardship for citizens in a number of Asian countries, giving rise to moral hazard.

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Definitions:

Glutamate

an important neurotransmitter in the brain that plays a key role in learning and memory.

Genetic Predispositions

Refers to the likelihood of developing certain traits or behaviors based on one's genetic makeup.

Physiological States

The condition of the body at a given time with respect to its functions, marked by such factors as heart rate, hormone levels, or brain activity.

Disordered Behavior

Disordered behavior refers to actions or conduct that deviate significantly from what is considered typical or healthy, often indicating underlying mental health issues.