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Ritwik Shah

Western Economic Policies  Developing Nations Push Back Against Contractionary Measures

Western Economic Policies: Developing Nations Push Back Against Contractionary Measures

Developing nations are increasingly vocal about the strain imposed by contractionary monetary policies championed by Western financial institutions such as the International Monetary Fund (IMF) and World Bank. These policies, often promoted as solutions to economic instability, have led to widespread criticism for exacerbating global inequality, stifling growth in emerging economies, and disproportionately burdening vulnerable ...