BHarwana
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The IMF has done nothing more than offer loans, and present reasonable economic policies.
The reason why those nations fail is because they take the loan, and refuse to implement those policies, which are designed to fix the economy and repay the loans properly.
Okay here is a simple question. IMF gives loans and pledges assets against those loans. Then takes interests on those loans and their job is done. So why do they also have to then give a policy list. If IMF's job is only to give loans? I mean why the policy list? The truth is bit hard to digest and IMF is not all that innocent