Is the IMF an agent of development or exploitation?

The IMF can be seen as both an agent of development and exploitation, depending on one's perspective. Supporters argue that it provides essential financial assistance and stability to countries in crisis, helping them implement necessary reforms for economic growth. Critics, however, contend that its conditional loans often impose harsh austerity measures that can exacerbate poverty and hinder development. Ultimately, the impact of the IMF varies by context and the specific policies implemented.