832EconomicsMedium
Fundamentalists want the IMF to lend to crisis-stricken countries on condition that they undertake fundamental structural reforms in banking Joseph Stiglitz however thinks it is________?
Acrucial that the IMF intervene in the reform of fiscal policy of the country and not the monetary policy
Bunrealistic for IMF to intervene in the financial markets of poor countries during the crisis
CNone of the statements above is correct
Dimpractical for the IMF to loan short term as reforms can only be effective in the middle to long run
Correct answer
D. impractical for the IMF to loan short term as reforms can only be effective in the middle to long run
Explanation
The correct answer is impractical for the IMF to loan short term as reforms can only be effective in the middle to long run.