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.
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"A man is developing himself when he grows, or earns, enough to provide decent conditions for himself and his family."
"A man who is not a socialist in his youth has no heart; a man who is still a socialist in his old age has no head."
"The rich nations of the world must recognize their obligation to help the poor."
"I can tell you with all sincerity that I have re-read it again and again and I have not found anything wrong with it."
"The African people are capable of great things."
Critiquing the International Monetary Fund's (IMF) economic policies and their inappropriate application to developing countries like Tanzania.
Date: 1985
Work & MoneyFound in 1 providers: gemini
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