Economic-Sovereignty

Ecuador President Mahuad Announces Dollarization 'Jump Into the Abyss' Amid Economic Crisis

2000-01-09 00:00:00 +0000 UTC | Importance: 7/10

Ecuadorian President Jamil Mahuad announces the country will abandon its national currency and adopt the U.S. dollar, describing the decision as ‘a jump into the abyss’ just days before making it. Mahuad’s handling of multiple crises—floods from El Niño, the collapse of oil prices, …

Jamil Mahuad Gustavo Noboa CONAIE International Monetary Fund World Bank shock-doctrine imf structural-adjustment ecuador dollarization +2 more

Long-term Geopolitical Consequences of IMF Structural Adjustment

1999-03-25 00:00:00 +0000 UTC | Importance: 8/10

The IMF’s systematic economic intervention during the Asian Financial Crisis created lasting geopolitical shifts, fundamentally altering regional economic sovereignty. With $35 billion in financial support to Indonesia, Korea, and Thailand, the IMF implemented structural reforms that triggered …

IMF World Bank Asian Development Bank Emerging Asian Economies China +3 more geopolitical-transformation economic-sovereignty imf-intervention structural-adjustment trade-negotiations +1 more