TOPIC: Globalisation » Environment » Natural Resources » Forests
Category
papers
Date
2001-05-01
Actor
Vreeland, James Raym...
Source
Yale University
Uploaded date
2012-02-21
Uploaded by

The Effect of IMF Programs on Deforestation

"According to International Monetary Fund (IMF) officials, “The IMF is acutely aware that natural resource degradation that threatens growth cannot be ignored” (Fischer, 1996). Critics of IMF programs, however, claim that Fund policies hurt the environment by encouraging budget cuts to environmental programs, promoting primary product export-oriented development, and inducing economic contractions that lead to extensive migration to marginal lands." (Quoted from paper)

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