When Reagan increases the bank rate, capital flows from Western Europe to America. So if you increase the bank rate in Dar, money will flow in from the peasants. This is stupid but the IMF cannot be stupid so we argue.
Father of Tanzania
When Reagan increases the bank rate, capital flows from Western Europe to America. So if you increase the bank rate in Dar, money will flow in from the peasants. This is stupid but the IMF cannot be stupid so we argue.
Father of Tanzania
Critiquing the International Monetary Fund's (IMF) economic policies and their inappropriate application to developing countries like Tanzania.
1985
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