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13 cards from this deck
IMF/WB economic policies as conditions for financial aid
Cut public spending, raise taxes, privatise, deregulate markets
Impose Western economic models, infringe on sovereignty
Reduced healthcare/education access, worsens poverty
Benefits to elites; population suffers job/wage cuts
Perpetuate cycle of dependency and debt trap
Wealthy countries (esp. USA) hold disproportionate influence
Decisions by small group without adequate input from affected
Loss of legitimacy and trust from developing countries
Prioritise market liberalisation/free trade over equity
Prioritise economic growth over environment & social welfare
Austerity measures deepened recessions, increased unemployment & poverty
New Development Bank (NDB) for infrastructure & sustainable growth
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