During the 1980s and 1990s, the IMF and World Bank forced African governments to implement SAPs, which led to a decline in public services, labor market regulations, and industrial policy, resulting in a recession that lasted over two decades and a decline in material use.
IMF
Posted inFinances FYI
AI in the Financial Sector: What You Need to Know
AI and machine learning are set to impact the financial sector by helping individuals budget, save, and invest, while also providing improved efficiency, data analysis, and compliance with regulations, despite the risks of data breaches and miscalculations.