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by smcl 1253 days ago
Argentina, maybe? Also I don't know if this is primarily the IMF but didn't Russia post-USSR-collapse implement the sudden market reforms everyone told it to, causing an economic collapse (since sort-of recovered), dramatic fall in life expectancy (now just above its 1986 levels) while setting in motion the events that led us to the war in Ukraine?

Note: I'm not the GP commenter and I'm not trying to start an argument or denounce the IMF, if there's good reasons why these aren't good examples that's totally OK :)

1 comments

As an argentinian, I believe the IMF is not pushy enough with us.

"Here, have this big pile of money to pay for your more urgent and higher-interest-rate debts, and here are some policies for you to implement so you stop having inflation once and for all. But it's ok if you cook the books, or don't comply with the policies, you're a big economy anyways so we have to keep you going and not catastrophically fail anyways".