POLB90H3 Lecture Notes - Neoliberalism, Blackboard, Dutch Disease
27 Feb 2014
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Inappropriateness of macroeconomic criteria for eligibility: countries have to maintain certain ratio of export and public expenditure. Fails to address root causes: core problems that structural adjustment have. Tanzania, prsp, 2011: conditions, watch over the fiscal deficit. Both wb and imf: enhance export drive. Conditionality in wb and imf, able to make payments on debt and aid poverty reduction: create and enabling business environment. Promote domestic and international investment in mining. ***worrisome, will talk more in details later on. Multinational corporations (mncs: definition of mnc: country. An investment made by a company, based in one country, in another country, that. The continued control exercised by outside forces over the economies. Imf and the world bank: mnc active in lobbying gatt and the formation of wto, mnv have important avenue in the international level, able to shape the outcome and impact indirectly of what happens in the global south.
