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IMF And The World Bank
Beginning of Paper
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 important c .... Middle of Paper .... are felt by the poorest. For exemple, spending 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 g ....
560 words | 3 pages
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