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But the only problem with IMF and WB would be their policy-conditional loaning wherein they demand reforms on various economic policies of underdeveloped countries standardize lower tariff rate for United States or postgraduate tax discount on foreign investors from developed countries in exchange for funds . Therefore , to some extent , IMF and WB , deviates the economic policies of growing countries by requiring the latter to comply first on IMF and WB s policy reforms before granting those financial bum up Since it is the government that makes economic policies , sovereignty is now at brand every time create countries borrow nones to MF and WB since the government becomes powerless from the demands of IMF and WB and practiced let these international institutions to change whatever economic policies that is prese ntly existence implementedFor the past two decades , IMF and WB have been able-bodied to influence every growing expanse around the public . bestow money serves as the powerful tool of IMF and WB in successfully penetrating the sovereignty of a effrontery developing field in exchange for funding .

In the little(a) run perspective , every one would agree that IMF and WB are of great help for developing countries . But in the long run , due to their interventions on economic policies of developing countries , there is a tendency that the policy-conditional alter of IMF and WB would not fit to the nature of ec onomic activities a certain country has ther! eby will only cause instability in the next coming yearsIn this regard , it is already clear that the policy-condition bestow of IMF and WB would only provide short lived benefits for the economy of developing countries since negative effects of the said intervention would offset any those benefits . It would be better if IMF and WB would minimize its interventions on economic policies of developing...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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