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Conflict between institutions' developmental vs commercial roles. Criticisms: Imposing austerity Duplication of functions Assumption that principal constraint facing LDCs is an absence of capital and
Conflict between institutions' developmental vs commercial roles.
Criticisms:
- Imposing austerity
- Duplication of functions
- Assumption that principal constraint facing LDCs is an absence of capital and inappropriate macroeconomic policy.
- Adjustments without human face
Explain these points as it relates to "Conflict between financial institutions' developmental vs commercial roles. "
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Macroeconomics
Authors: Robert J Gordon
12th edition
138014914, 978-0138014919
