The outline of the essay that I attempted in CSS 2020.
What is your take on this outline guys? Do I have a chance of sailing through?
Topic: IMF Bailouts Roads to Stability or Recipes for Disaster?
1. Introduction
2. Why the IMF is a recipe for disaster?
- It is a debt trap
- A form of neo-colonialism
- World powers use it to further their own agenda
- Countries cannot pursue independent foreign policy
- Countries are forced to halt all developmental initiatives
3. Policies prescribed by the IMF for their bailout programs. Are they effective? No
- Privatisation of State Owned Enterprises
- Devaluation of Currency
- Market Determined Exchange Rate
4. Pakistan as a case study
- Reduced budget for Education Sector
- Rising Trade Deficit
- Dependency Syndrome.
5. Way forward
- Harnessing the potential of Pakistan’s young population
- Promotion of Small and Medium Enterprises
- Strengthening domestic industries
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