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Dr. Nick
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Mola mazo!
Oct 2000 time: 01:28
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IMF aid is worse than the disease!
Last edited by Dr. Nick on 17-06-2003 at 21:29
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Giancarlo
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Los Angeles
Apr 2000 time: 02:28
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quote: Originally posted by Urban Ranger
Yup, IMF "aid" screws a country over quite badly. |
Awrence loves saying it did.
Let me make one thing clear: While Awrence is off on his anti-IMF and world bank ranks I will bring up an example that did very well. Not some Eastern Bloc country, but in fact Mozambique. Through good government and ontime paying, Mozambique has attained one of the highest economic growth rates in the world and is fast industrializing itself. Though a very poor nation, the people of the country are very happy with the government. The government is highly, I mean highly transparent and would actually be a model that could be applied to Africa as a whole. This model was funded by the IMF, world bank and different constitutents.
If done right, IMF aid can provide a significant boost in the proper sectors making paying back the loans easy and simple. Since Argentina overspent itself into bankruptcy, people like Awrence have the damn nerve to make little petty comments like that while not acknowledging the **** ups of the last fifty years including Peron, military governments, Menem, De La Rua, Duhalde and alas the current government. Bad government led to the downfall of Argentina, not the IMF. Bad politics led to bad governments.
I am typing this up on my dad´s computer as mine is all packed up. Soon this computer to will be packed up. Go ahead and post a response I probably won´t get to read it. I just wish you all a good summer/winter (depending where you are) and I wish you all a bright future whether you are communist, leftist, republican or whatever. I am intending to enjoy myself this vacation. **** politics. 
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Dr. Nick
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Mola mazo!
Oct 2000 time: 01:28
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quote: Since Argentina overspent itself into bankruptcy, people like Awrence have the damn nerve to make little petty comments like that while not acknowledging the **** ups of the last fifty years including Peron, military governments, Menem, De La Rua, Duhalde and alas the current government. Bad government led to the downfall of Argentina, not the IMF. Bad politics led to bad governments. |
I'll say first that the big problem of the country since the 1930s has been a politically active military. This has by far been the worst problem, aggravated in the 1960s in the 'Escuela de las Americas' in the US where the top echelon of the army was incentivated to be politically active.
Everything bad that happened since 1983 can be traced back to the junta that ruled from 1976 to 1983, and it's not enough to say that the junta is there in no small degree thanks to incentivation from the Escuela de las Americas and the pats on the back it got from the US administration after Jimmy Carter.
But since 1983, the country has had a limited chance of recovery, but because of the debt acquired after the oil crisis of 1973 and the interest rate skyrocketting in the early 1980s, combined with the 'nationalisation' of the private debt in 1983 (one of the last measures of the military government, it quadrupled the national foreign debt overnight), Argentina has been severly conditioned in what it can do by the IMF.
I've never said that Argentine politicians are angels and not to blame for a lot of disasters, but every Argentine politician since 1983 has been severely limited in his ability to act in the economy due to the IMF's pressure. The IMF has been a very integral part of the country's economic policies since 1983, and in 20 years, the Argentine economy kept slumping. Hell, I've never said that the US and the IMF has all the blame, but by God, they have a lot to answer for when it comes to the country's situation, and the neoliberal policies that Menem implemented, from the total privatisation, to the deregulation of practically everything has led to more misery and the worst economic crisis since 1930. The IMF patted Menem on the back for 10 years while he undertook policies that would lead to this crisis, and are therefore to blame just as badly, and in no small degree.
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Whaleboy
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Please make all cheques payable to Whaleboy
Jan 2003 time: 05:28
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Could people possibly post or PM me with info about the IMF and globalisation, as I dont know as much about that as I'd like to, people from all sides would be good, I might actually start a thread on it, but in the meantime, would be nice if people could enlighten me! 
quote:
I am typing this up on my dad´s computer as mine is all packed up
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Cos of the new motherboard or whatever component it was? If so, check the power ratings.
Heres a thought by the way...
Are communists (in the quasi-traditional sense... those that believe that private property is wrong), hypocrites? That does not apply to me, as I am a libertarian communist, thus private property is allowed and encourages, as is capitalism.
Perhaps we could separate out utilitarian material possessions, i.e., something there to do a necessary job, from stuff that is surplus to requirements, i.e., a garage full of ferraris when a lada will do the job etc etc.
Different levels of necessity obviously, use a bit of Maslows hierarchy and a bit of common sense (I need a computer to write a book, or rather, to speed up its writing etc etc), instead of saying necessity only applies to level one on the hierarchy.
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Kidicious
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Diety of Kidiverse
Mar 2003 time: 21:28
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quote: Originally posted by Fez
No that is bullshit. All of that is just crap. So no. 500,000 private sector jobs were probably created in the latter years off the Pinochet era.
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Well, you go ahead and keep spouting of nonsense then.
Last edited by Kidicious on 18-06-2003 at 05:52
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