Re:Ghana will no longer sell cocoa to Switzerland
by totalZero on Friday March 19, 2021 @01:38PM
(#26516132)
> when developing countries are pressured into free trade agreements (for example by making aid dependent on this)
"forced" is probably not the right word. "baited" is better.
The developed world uses aid/loans to manipulate policy in the developed world, by targeting desperation. Make loans that the recipient cannot repay, then offer to restructure if they will comply with certain conditions.
"forced" is probably not the right word. "baited" is better.
The developed world uses aid/loans to manipulate policy in the developed world, by targeting desperation. Make loans that the recipient cannot repay, then offer to restructure if they will comply with certain conditions.
This is why the IMF exists.