Is the IMF Bad for Developing Countries?

The IMF and the World Bank have been around since 1945. The goal of the IMF is "The International Monetary Fund (IMF) works to achieve sustainable growth and prosperity for all of its 190 member countries. It does so by supporting economic policies that promote financial stability and monetary cooperation, which are essential to increase productivity, job creation, and economic well-being." Are these goal and policies helpful to the countries receiving them? Research shows that it might not be helpful. Let's discuss both this and a possible solution.News and Linkshttps://www.imf.org/en/About/Factsheets/IMF-at-a-Glancehttps://www.france24.com/en/20200903-live-france-unveils-%E2%82%AC100-billion-economy-rescue-planhttps://www.coindesk.com/policy/2022/05/16/portugal-makes-u-turn-on-cryptocurrency-tax/)https://www.coindesk.com/business/2022/10/09/bitcoin-mining-is-cool-again-we-can-thank-africa-prudence-and-growing-hashrate-for-that/https://bitcoinmagazine.com/business/profiting-on-biogas-with-bitcoin-mininghttps://watcher.guru/news/uk-unemployment-rate-falls-to-3-5-lowest-in-nearly-50-yearshttps://bitcoinmagazine.com/business/bny-mellon-offers-bitcoin-custodyhttps://www.wsj.com/articles/fasb-settles-on-fair-value-accounting-for-measuring-crypto-assets-11665614205 https://bitcoinke.io/2022/10/ghana-inflation-in-september-2022/https://www.reuters.com/markets/us/argentina-inflation-undershoots-easing-pressure-hike-rates-2022-10-14/Podcasting 2.0 Apps available at http://newpodcastapps.com/ and Value4Value information page available here: https://value4value.info/I can be reached by email at [email protected] and on twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. I'm also on matrix at @mcintosh1775:matrix.org. Looking forward to hearing from you!Websitehttps://gen-btc.comMusic CreditsRock Guitar Intro 07 by TaigaSoundProdLink: https://filmmusic.io/song/8342-rock-guitar-intro-07License: https://filmmusic.io/standard-licenseFunky Life by WinnieTheMoogLink: https://filmmusic.io/song/6040-funky-lifeLicense: https://filmmusic.io/standard-licenseWebsite https://satoshis-plebs.com Podcasting 2.0 Apps available at http://podcastapps.com and Value4Value information page available here: https://value4value.info I can be reached by email at [email protected] and on Twitter at @McIntoshFinTech. My mastodon handle is @[email protected]. Looking forward to hearing from you!