The International Monetary Fund can force countries to adopt the polic

QUESTION

The International Monetary Fund can force countries to adopt the policies required to correct economic mismanagement.

Indicate whether the statement is true or false.

ANSWER

FALSE
The International Monetary Fund (IMF) cannot force countries to adopt the policies required to correct economic mismanagement. While a government may commit to taking corrective action in return for an IMF loan, internal political problems may make it difficult for a government to act on that commitment.