In practice, through its role as lender of last resort, and in particular through the conditionalities associated with these loans, the IMF has become a major actor in the economic, financial and social policies of the world’s poorest countries.
In practice, through its role as lender of last resort, and in particular through the conditionalities associated with these loans, the IMF has become a major actor in the economic, financial and social policies of the world’s poorest countries.