IMF conditionality and the theory of special interest politics (1)

INTRODUCTION

The International Monetary capital (IMF) was created in the aftermath of World War II to assist stability and prosperity in the international monetary and financial combination of parts to form a whole A key function of the IMF is to make loans to countries facing shortages of foreign exchange. The IMF's financial support gives countries breathing sweep while they adjust their economic policies to explain their external payment difficulties. To render certain that borrowing governments follow policies that are consistent with the IMF's designs its financial resources are disbursed gradually and upon condition that borrowers avoid measures that are destructive to national and international prosperity. The