Let's assume that two small economies are borrowing from the IMF: one gets a much larger loan package with few conditionality attached to its program, while the other gets a modest loan with a higher number of conditions. What can be the determinants of this variation in IMF lending according to the neomercantilist/realist, liberal, constructivist and historical materialist perspectives? Which of these perspectives do you find more convincing, and why so?

Answer rating: 100% (QA)

NeomercantilistRealist Perspective Neomercantilists and realists would argue that the variation in IMF lending is primarily driven by power dynamics a... View the full answer