{"id":122279,"date":"2018-11-19T12:00:09","date_gmt":"2018-11-19T12:00:09","guid":{"rendered":"https:\/\/www.transcend.org\/tms\/?p=122279"},"modified":"2018-11-18T16:37:15","modified_gmt":"2018-11-18T16:37:15","slug":"argentina-goes-back-to-the-imf-opening-floodgates-for-neoliberal-intervention-and-structural-adjustment","status":"publish","type":"post","link":"https:\/\/www.transcend.org\/tms\/2018\/11\/argentina-goes-back-to-the-imf-opening-floodgates-for-neoliberal-intervention-and-structural-adjustment\/","title":{"rendered":"Argentina Goes Back to the IMF, Opening Floodgates for Neoliberal Intervention and Structural Adjustment"},"content":{"rendered":"

Documenting the IMF and Rightwing Economic and Political Intervention in Argentina<\/em><\/p><\/blockquote>\n

Read: New Dossier<\/a>–Argentina Goes Back to the IMF<\/a><\/h3>\n

13 Nov 2018 – <\/em>After 15 years of distancing itself from the grip of IMF policies, in May 2018 Argentina went back to the International Monetary Fund (IMF) under the watch of President Mauricio Macri. Far from Macri\u2019s promise to make Argentina the \u201csupermarket of the world\u201d and attract foreign investment, the negotiations with the IMF deepened Argentina\u2019s crisis. The agreements between Macri and the IMF are part of a political intervention<\/em> masquerading as economic policy. As long as there is a commitment to repay the massive debt to the IMF, it is international capital that will write Argentina\u2019s economic policies\u2014not the people\u2014regardless of who sits in the presidential office. Macri\u2019s new marriage to the IMF and subsequent slashing of social spending have provoked massive protests across the country. What is clear is that the people have said no to the neoliberal agenda. What remains to be seen is if the mass uprising in the streets can be channeled into a force that has the capacity to intervene in the elections and to stop the political intervention of the IMF and Argentina\u2019s right wing.<\/p>\n

\u201cA few decades ago, a taxi driver in Montevideo told the Uruguayan writer Eduardo Galeano, \u2018They say the Lord will provide. They think God runs the IMF.\u2019 The IMF, in fact, thinks it is divine. It has returned to Argentina with a recipe that will only intensify the country\u2019s crisis. With the rise of neo-fascism, global concern has shifted away from the IMF. This dossier<\/a>\u2014on the IMF\u2019s return to Argentina\u2014puts the focus back on the International Monetary Fund and its suffocating policies.\u201d <\/em>
\n\u2014- Vijay Prashad, Director of Tricontinental: Institute for Social Research<\/p><\/blockquote>\n

Key information from the report:<\/strong><\/p>\n