What Is the Major Criticism of Conditionality in IMF Lending

question 97

Multiple Choice

What is the major criticism of conditionality in IMF lending?

• A) It gives too much power over decisions to too few countries.
• B) It restricts the amount of IMF funds available.
• C) It leads to the imposition of unfair and unwise standards on borrowers.
• D) It provides loans with an interest rate that is unfairly low.

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Definitions:

Transfer Technologies

The process of sharing or moving technological innovations and advancements from one entity to another.

Foreign Corrupt Practices Act

A United States federal law aimed at preventing the bribery of foreign officials for the purpose of obtaining or retaining business.

Bribe

An illicit payment, favor, or incentive given to influence someone's behavior or decisions for one's own benefit.

Illegal

Activities or actions that are forbidden by law.