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Studies show that IMF borrower countries experience higher rates of poverty.
(link.springer.com)
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this post was submitted on 28 Sep 2023
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GenZedong
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No surprises obviously but I had no clue "stabilisation reforms" were a thing:
I had always only heard of structural reforms which mostly include removing government intervention and privatisation of public services which, to no one's surprise, increase poverty and inequality.
I’m not quite sure what they mean by stabilisation reform, but at fist pass it seems to be just rearranging chairs on the austerity Titanic .
Seems to be similar to structural reforms just not as coercive.