Because they have a lot of leverage to make sure they get their money back A

Because they have a lot of leverage to make sure they

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Because they have a lot of leverage to make sure they get their money back A country can’t just not pay the money back and claim bankruptcy They can go into the country and help them to pay them back Restructure their economy and cut government spending Austerity Measures People feel this is an infringement on sovereignty and some countries refuse to pay the money back i.e. Ecuador – lent it under bad pretenses under a corrupt government o IMF lends money to countries with questionable leaders Democratic Republic of Congo leader just stole the money but they wanted the money back from the country o Isn’t it a good thing to have international lending agencies? Because who the hell else would lend Morocco money? IMF bailed out Argentina, Mexico, and many other countries Sometimes this is a really good thing They helped eradicate river blindness and polio Times are changing o The IMF, World Bank, and WTO are changing o As China grows and India and Brazil rise up, these nonwestern entities are demanding more of a voice and they are getting it o The IMF was running out of money – they asked to borrow money from China and the gave it to them in return for more voting power in the IMF The Nuke Group Be the bitter end of us all Countries with nuclear weapons or working towards it Unofficial grouping that doesn’t even get together for meetings Who’s in it? o Countries that have declared and tested nuclear weapons and have signed this thing called the NPT US, Russia, UK, France, China (P5) o Declared nuclear power, not NPT member India and Pakistan o We’re pretty sure they have nuclear weapons but they don’t admit to it Israel Team West (US) encourages them to keep silent about it Everyone is petrified that if Israel were to declare that they have nuclear weapons, that it would terrify the
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  • Fall '08
  • JDBOYER
  • Nuclear weapon, International Atomic Energy Agency

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