The IMF and the Asian Financial Crisis of 1997
The IMF's 1997 response to the Asian financial crisis led to widespread poverty, social unrest, and criticism for exacerbating rather than alleviating the crisis.
The IMF's 1997 response to the Asian financial crisis led to widespread poverty, social unrest, and criticism for exacerbating rather than alleviating the crisis.
Explore the history of neo-imperialism in global economic governance, from the Bretton Woods Agreement to the Washington Consensus, and its impact on weaker nations.
The rise of the Washington Consensus in 1970s marked significant shift towards market liberalization, fiscal discipline, and structural adjustment programs under IMF & World Bank.