Activity 01
Simulation Game: IMF Bailout Negotiation
Present a fictional country crisis with balance-of-payments issues. Assign roles to IMF officials and country representatives in small groups. Groups negotiate loan terms and conditions for 25 minutes, then share outcomes in a whole-class debrief to highlight functions and impacts.
Explain the primary functions of the International Monetary Fund (IMF).
Facilitation TipDuring the IMF Bailout Negotiation, assign clear roles with distinct goals to force students to grapple with trade-offs in policy conditions.
What to look forPose the question: 'If a country needs a loan from the IMF, what are the potential benefits and drawbacks for its citizens and its government?' Facilitate a class debate, encouraging students to cite specific examples of IMF conditions and their real-world consequences.