The policy cartel on debt reduction refers to the_______________? A. screening of debtors based on their regional location B. World Bank requiring LDCs seconded by a DC to get loan reduction C. loan denial to crisis-stricken highly indebted countriesD. None…
Mosley Harrigan and Toye refer to the IMF and World Bank as________________? A. excessively committed to writing down LDC debtB. a managed duopoly of policy advice C. a U.S monoply D. the initiator of HIPCs debt forgiveness
Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is______________? A. unrealistic for IMF to intervene in the financial markets of poor countries during the…
Shortly after 1979 World Bank introduced loans that emphasized reforms in trade, agriculture industry public enterprise financial energy education or other sectors and were know as ? A. Structural adjustment loansB. sectoral adjustment loans C. internal adjustment loans D. external…
Which of the following factors potentially increased the vulnerability to the 1997 Asian financial and currency crisis ? A. trade account surplusB. massive reverse outflows of capital C. technological transfer from DCs D. Symmetric informational in financial market
Net transfers are______________? A. investment loans, and grants from overseas minus international resource outflowsB. net international resource flows minus net international interest payments and profit remittances C. international resource outflows minus international balance of payments and profit remittances D. foreign…
Which of the following country did Not suffer from increased poverty from debt and financial crises in the 1990s ? A. Singapore (1994) B. Mexico (1994) C. Russia (1998) D. Brazil (1998)
Which of the following country did not experience large capital flights from 1976 to 1984 ? A. Argentina B. Venezuela C. MexicoD. Canada
A country’s total external debt (EDT) includes ? I. short term debt with a maturity of one year or less II. long-term debt with a maturity of more than one year III. repurchase obligations to the IMF IV. IV public…