This presentation explains the major cons of IMF prevailing in current scenario

1. *

2. 1. Make worse economic problems:
It argued that the conditions of IMF loans cause
more harm than good
2. One size fits all:
The IMF frequently argues for the same
economic policies regardless of the situation
3. Takes away political independence:
Countries such as Jamaica, argue that the IMF take
away the ability for countries to decide national policy
4.Moral hazard:
The IMF has also been criticized by the free market
economists arguing that they do to much offencive

3. 5.Conditions for loans:
- It must implement certain economic policies which
reduce government borrowings
- Increase international rates to stabilize currency
which allowing firms to go bankrupt
6. Exchange rate returns:
- Remove controls over flows of capital. This can lead to
more corruption
- IMF doesn’t understand a country’s changing aspects
7. Devaluations:
IMF has been allowing for inflationary
devaluations

4. (Price of goods and services are determined by open market and customers)
8. Free market criticisms of IMF:
- Free market believers argue it is better to
let capital markets operate without attempts at
intervention
-Arguments attempts to influence exchange
rates only makes things worse
9. Lack of transparency and involvement:
- Imposes policy with little or no consultation
with affected counties
10. Supporting military
authoritarianisms