Sentences with phrase «debtor countries»

There has been criticism of this proposal for avoiding issues of moral hazard in debtor countries.

The public debt of poor countries gives the WB / IMF combine the leverage for enforcing their «structural adjustment programmes» on debtor countries in need of funds especially for meeting their balance of payment deficiencies.

Toward debtor countries American diplomats work through the World Bank and IMF to demand that debtors raise their interest rates and impose taxes and austerity programs to keep their wages low, sell off their public domain to pay their foreign debts, and deregulate their economy so as to enable foreign investors to privatize local electricity, telephone services and other infrastructure formerly provided at subsidized rates to help these economies grow.

This monetarist theory has guided Russian economic reform (and its quick bankruptcy) under Yeltsin and his oligarchy, as well as Chile's privatization (and early bankruptcy) under Gen. Pinochet, and the austerity programs (and subsequent bankruptcies and national resource sell offs) imposed by the IMF on third world debtor countries.

Latin American debtor countries experienced similar austerity for decades under IMF austerity plans, which they called «stabilization policies.»

In the most current round of hostile words and phrases from Europe's largest debtor country, Germany's Wolfgang Schaeuble warned Athens» brinkmanship above employing economic reforms could consequence in a «Grexident».

As John Maynard Keynes explained, unless debtor countries can export more, they must pay either by borrowing (German states and municipalities borrowed dollars in New York and cashed them in for domestic currency with the Reichsbank, which paid the dollars to the Allies) or by selling off domestic assets.

The structural adjustment imposed by the IMF and the World Bank on debtor countries as a condition of aiding them to renegotiate their debts has transformed the relative power of governments and economic actors.

The main policies of national budgets of debtor countries are determined by foreign donors, influenced by TNCs through the IMF / WB / WTO combine.

Debtor countries found themselves cashing in their environmental resources to foot the repayment bills.

From the onset of the debt crisis in 1982, until 1990, debtor countries paid creditors in the North $ 6500 million per month in interest alone.

Bill does not persuade debtor countries to pay.

And if we want to deliver enough electricity to make a difference, we need to strengthen states — the precise opposite of what the International Monetary Fund and other international institutions have been doing through neoliberal policies such as demanding structural adjustments (divesting of state property, charging for education and medical care) to debtor countries since the 1980s.

These policies, often imposed by the IMF and the WB on debtor countries, and together called Structural Adjustment Programmes (SAP) and include

The crisis has been debilitating to the poorest people in debtor countries and this book attempts to show how their strategies for coping directly or indirectly affect us in the North.

Despite the rhetoric of democracy there is a lack of transparency m discussions of officials with the IMF / WB authorities and their decisions regarding conditionalities often imposed on the debtor countries without clear exposure even to Parliament and its select committees, much less to the general public affected by them.

In practice, what this means is that the debtor country must strictly adhere to a Structural Adjustment Programme (SAP) drawn up by the IMP / World Bank.

We need an international framework that allows creditor countries like China to increase demand and debtor countries to make the difficult adjustments necessary to repay them.

These bonds are usually collateralized by specially - issued U. S. Treasury 30 - year zero - coupon bonds purchased by the debtor country.