Written by the Fiveable Content Team • Last updated August 2025
Verified for the 2027 exam
Verified for the 2027 exam•Written by the Fiveable Content Team • Last updated August 2025
Definition
Conditions imposed by the IMF on countries receiving financial assistance, typically requiring privatization of state-owned companies, reduced tariffs, and reduced governmental subsidies.
AP course connection
Topic 5.5: 5.5 International and Supranational Organizations