[Kavelach]

IMF forces countries to adopt austerity politics[1], causing lower economic activity and often leading to economy shrinkage[2], and forces countries to open their markets to foreign capital, which leads to surplus extraction abroad. Both of those measures lead to impoverishing the country that is taking the loan.

[1] https://www.bu.edu/gdp/2021/04/05/imf-austerity-is-alive-and... and https://academic.oup.com/book/11959?login=false

[2] https://accountinginsights.org/austerity-principles-economic...