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15 cards from this deck
Economic policies imposed by IMF/World Bank as conditions for financial aid
Cut spending, raise taxes, privatise, deregulate markets
Impose Western economic models, infringing on sovereignty
Reduced access to healthcare and education
Wealthy elites and multinational corporations
Trap countries in cycle of debt and economic vulnerability
Wealthy countries (esp. US) hold disproportionate influence
Decisions made by small group without adequate input
Lack of fairness and inclusivity in governance
Prioritise market liberalization over social/economic equity
Prioritise economic growth over environmental sustainability
Austerity measures deepened recessions and poverty
Highlighted limitations in responding to global crises
Particularly in the Global South
New Development Bank (NDB)
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