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Volume 4, Issue 1.
Contrary to popular wisdom, the International Monetary Fund (IMF) is not entirely apolitical when dealing with debtor countries, particularly those with which it is negotiating conditional financing arrangements. Concomitantly, within countries seeking funding, actions of the IMF are often used by interest groups and parties for political purposes. ... read moreJohn R. Hillman examines the nature of this interaction in the case of Italy, and gives some insight as to whether the IMP's recognition of political factors facilitates such negotiations.