Looking for help with an assignment? Connect with an assignment Expert Now!

Is it ethical for the IMF to bail out countries that repeatedly make bad economic and fiscal decisions?

Is it ethical for the IMF to bail out countries that repeatedly make bad economic and fiscal decisions?. For a long time, the International Monetary Fund (IMF) has had its supporters and detractors. In this discussion, you will have the opportunity to consider some of the IMF’s actions and determine whether they were beneficial as well as ethical.

To help frame this discussion, consider the IMF’s actions in Greece. Greece spent a decade in economic turmoil starting in 2009. The IMF provided financial assistance to “bail out” Greece multiple times during the crisis. Their loans came with requirements that Greece needed to meet. Some argue that the IMF made the crisis much worse, whereas others feel the IMF provided timely support to Greece not long after the global financial crisis of 2008.

In your initial post, use the following questions to guide your responses:

  • When should a government, economy, or country be bailed out, if ever? Justify your answer with specific examples and how the bailout or lack of bailout would impact the global economy and the future of globalization.
  • Ideally, which countries or organizations would provide the economic support for a government that needs a bailout? Is the IMF the ideal organization to bail out a country?
  • Is it ethical for the IMF to bail out countries that repeatedly make bad economic and fiscal decisions? Is it ethical for the IMF to have significant requirements attached to its loans?
  • What lessons should be learned from the Greek debt crisis for countries with debt obligation issues and for organizations such as the IMF?

Is it ethical for the IMF to bail out countries that repeatedly make bad economic and fiscal decisions?

Get a Quick Quote

Approximately 250 words
Total price (USD) $: 10.99

Pressed for time on your upcoming paper? We can help!

Bored with homework

Reviews from Clients who Ordered from Our Website

Why Us?

Quality

We use grammar & plagiarism softwares and a Quality Assurance Editing Team to ensure you get a ready to submit paper

Fast

We understand how tight deadlines can get and are always eager to work and beat tight deadlines

Revision

To deliver the best results we offer endless revisions to ensure you get just what they asked for

Personalised

You get to chat and interact with the writer to ensure the paper meets all standard requirements

How it Works

Place an Order

Provide your contact information, select an order type, and describe your requirements. This isn’t going to take long!

Image showing step 1 of making an order
Image showing how to make payment for your order

Select an Appropriate Writer

We’ll match your specifications with our available authors after we have all of the relevant information concerning your order.

Image showing how to download your completed results

Enjoy the End Product

One of our specialists will fulfill your purchase according to your specifications so that you are happy with the end result.