Question
Research and answer the following questions about the International Monetary Fund (IMF) and its bailout of Zambia. (25 points) a. What role does the IMF
Research and answer the following questions about the International Monetary Fund (IMF) and its bailout of Zambia. (25 points) a. What role does the IMF play in the event of financial or economic distress of a developing country? b. What caused the crisis in Zambia? c. Why did the IMF take action? d. What was the size and scope of the IMFs program? e. What actions did the IMF require Zambia to take in exchange for its emergency funding? f. How does this deal affect Zambias creditors including China? g. What sources did you use to answer these questions?
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