Hi DR1ers , maybe somebody can help me. I overheard that the IMF is a very bad organization. The requisites they ask for to countries that need loans are to privatize public services like electricity, water, and health. The argument was that poor countries asking for loans are very corrupt, and Privatizing this services among others measures will prevent the money this countries borrow to be lost in corruption. This sounds like a good argument. However, it looks like privatizing this services will ultematly hurt the population, not to count that this companies that get the bids to take over this services are of course part of the G8 countries, and the profits of running this services leave the country and do not provide any benefit for the national economy.
IS THE IMF FRIEND OR FOE?
IS it true most of the Dominicans representing my country in the IMF are not the most ethical individuals?
Maybe is not the IMF fault but the representatives we keep sending?
ARE THE G8 COUNTRIES (IMF) SAYING (maybe with a reason) you cannot govern yourself?
HOW much is the total external debt in DR today? And how much of it is from recent loans or from very old loans?
I heard some countries have stand up and decided not to pay any more of the external dedt.http://www.wbai.org/index.php?option=content&task=view&id=4862
If a straight answer is to complicated, I will appreciate links or books.
Thank you for helping a young person like myself find some answers.
IS THE IMF FRIEND OR FOE?
IS it true most of the Dominicans representing my country in the IMF are not the most ethical individuals?
Maybe is not the IMF fault but the representatives we keep sending?
ARE THE G8 COUNTRIES (IMF) SAYING (maybe with a reason) you cannot govern yourself?
HOW much is the total external debt in DR today? And how much of it is from recent loans or from very old loans?
I heard some countries have stand up and decided not to pay any more of the external dedt.http://www.wbai.org/index.php?option=content&task=view&id=4862
If a straight answer is to complicated, I will appreciate links or books.
Thank you for helping a young person like myself find some answers.