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In the 1990s, the International Monetary Fund required that the government of Guyana sell Demerara Woods (a 1,000 square mile forest owned by the government),
In the 1990s, the International Monetary Fund required that the government of Guyana sell Demerara Woods (a 1,000 square mile forest owned by the government), to a group of British multinational corporations, in an effort to increase logging exports as part of a structural adjustment loan. This condition of a structural adjustment loan is/are known as: Question 22 options: Corporate tax breaks Privatization Race to the bottom Elimination of Guyana's minimum wage for workers in the forestry sector
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