Food production and food security remain to be the greatest challenges the world faces currently. This has led to a shift in world attention to the pressing need to increase agricultural production especially in Third World Countries which have been largely hit by chronic food shortages. In this respect, most countries such as Jamaica have taken various steps towards food production in line with the 1996 World Food Summit Plan of Action. Most developing countries were forced by harsh economic times and high debts to accept aid loans from the International Monetary Fund, which is among the world’s financial ...
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Abstract
Multilateral organizations, such the International Monetary Fund, play a major role in our society, working in the areas of technical and financial assistance through structural adjustments in developing countries, as well as funding and sector-specific policy guidance. This domain has an inherent dynamism, and must be understood by analyzing the historical trajectory of these organizations and understanding that their actions are guided by the ideology that sustains the society we live in, which is rooted in the capitalist mode of production. This led me to ask the simple question: to what extant has the IMF been a force for good in ...
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