Benefits of Debt CancellationAndAgricultural Pricing Policies

ECO 203 - Principles of Macroeconomics

Introduction

This paper will discuss the benefits of debt cancellation as formulated by the World Bank and the International Monetary Fund. In addition, further analysis outlined herein will answer the question as to whether the debts of 18 very poor countries were indeed cancelled as projected during the 2006 IMF annual meeting. Also, agricultural pricing policies will be discussed herein.

Benefits of Debt Cancellation

The International Monetary Fund (IMF) is an organization that oversees the world's financial system using macroeconomic polices of its member countries. It's main objective is stabilizing international exchange rates and facilitating development through the...