Which of the following multilateral institutions often insists that a country follow "austerity measures" designed to restore financial solvency as a condition of receiving a loan?
A. The Bank for International Settlements (BIS)
B. The International Monetary Fund (IMF)
C. The International Bank for Reconstruction and Development (World Bank)
D. None of the above
Which of the following multilateral institutions often insists that a country follow "austerity measures" designed to restore financial solvency as a condition of receiving a loan?
A. The Bank for International Settlements (BIS)
B. The International Monetary Fund (IMF)
C. The International Bank for Reconstruction and Development (World Bank)
D. None of the above
Which of the following multilateral institutions often insists that a country follow "austerity measures" designed to restore financial solvency as a condition of receiving a loan?
A. The Bank for International Settlements (BIS)
B. The International Monetary Fund (IMF)
C. The International Bank for Reconstruction and Development (World Bank)
D. None of the above.