IMF And The World Bank

Part I of Essay
Somalia had an economy based on trade between small breeders and small agriculture. Despite drought, the country remained self-sufficient on alimentary product during the 60's and 70's. During the 1970's decade population transfer programs permited the development of an i ....

Part II of Essay
.... on healthcare has fallen in most of the world's poorest countries since 1980. In Uganda 4$ is spent per person on healthcare compared with 23$ per person on debt repayment. Because of budget cuts, Sub-Saharan Africa is very vulnerable to basic disease such as Cholera, that are making a come back at a catastrophic pace, owing to the breakdown of water and sewage systems triggered by the economic crisis (Dark Victory,p55). The IMF encourages governments to cut backspending and to downsize government department, thus a rise in employme ....