Economic GG examples Flashcards
Countries IMF has loaned to
Argentina, Pakistan, Greece, Ireland, Vietnam
Argentina IMF
forced to increase taxes but still couldn’t pay off loans
Greece IMF
€110 billion 2010
Ireland IMF
€67 billion after 2008 crash big success
Vietnam IMF
lifted 40 mil out of poverty using loaned 1993-2014
Extreme poverty
under $2.15 a day
WB Ghana
approved Dec 2024, improve quality of education in low-performing schools. Committed $117.3 mil
Ukraine WB
contribute toward sustaining govt administrative and service delivery capacity to exercise core govt functions. Committed $15,000 million
Tanzania WB
Dec 2024 increase power transmission capacity to southern regions on Tanzania and strengthen institutional capacity. Committed $280 mil Total cost $605 mil
Doha Round
Talks in WTO going on since 2001. resistance from developed and developing nations over further reduction in agricultural subsidies