IMF Loan Conditionality: The effect of financial crisis loan conditionality on the wellbeing of a country’s population - a comparative case study analysis
This thesis discusses the two IMF loan programs in Iceland and Greece during the most recent global financial crisis that had a profound effect on Europe. In a comparative case study, the two programs serve to analyze the implications of IMF loan conditionality on the wellbeing of a borrowing countr...
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| Format: | Master Thesis |
| Language: | English |
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2018
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| Online Access: | https://opus4.kobv.de/opus4-hwr/frontdoor/index/index/docId/1148 https://nbn-resolving.org/urn:nbn:de:kobv:b721-opus4-11484 |
| Summary: | This thesis discusses the two IMF loan programs in Iceland and Greece during the most recent global financial crisis that had a profound effect on Europe. In a comparative case study, the two programs serve to analyze the implications of IMF loan conditionality on the wellbeing of a borrowing country’s population. The discussion and analysis of the available data and literature leads to the conclusion that a causality between crisis loan conditions and the outcome of a loan program cannot be confirmed. Furthermore, this work explains the framework and environment of the two cases, depicts the design of the Icelandic and Greek programs and evaluates the role that loan conditionality may take in the health and social status of a country. |
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