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The IMF, World Bank, and Inter-American Development Bank were willing to provide financing to Jamaica, but what sort of policies did those international institutions demand
- The IMF, World Bank, and Inter-American Development Bank were willing to provide financing to Jamaica, but what sort of policies did those international institutions demand that Jamaica impose in exchange for those loans?
- Michael Manley complained that the IMF would only provide short-term loans to support short-term structural adjustment programs. Why did Manley suggest that long-term financing was necessary to support actual development?
- How did IMF Deputy Director, Stanley Fisher, and other representatives of international institutions justify the policies that they demanded Jamaica and other developing countries impose?
- Why did Jamaica accept the IMF loans anyway, even though they came with such policy conditions that were bad for Jamaican development?
- To what outcomes for Jamaica did the IMF programs lead?
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