IMF

The International Monetary Fund, an international financial institution that provides loans, policy advice, and surveillance to member countries, and historically promoted structural adjustment policies such as the Washington Consensus.

Claims that use this term

• The IMF itself admitted Eurozone fiscal multipliers were underestimated 1.5-fold
• The IMF leadership publicly praised Latvia’s austerity as a model for Europe.
• The IMF lost its original mission when the US ended gold convertibility in 1971
• The IMF blamed implementation failures rather than reforming its Washington Consensus policies
• The IMF found every Somali financial law flagrantly disregarded after the 1969 campaign