Yes wherever the IMF has passed on. It is happening in Greece now. They have been raising the taxes since 2010 in an attempt to see the economy grow and the only thing that is happening, is more and more businesses closing down or moving to ohter countries of the E.U.
Unemployment is sky-rocketing, hospitals don’t have the necessary equipement, everything is rotting in the public life and a country is impoverisahed in the name of the free market and the growth that never comes (as is logical).
In fact the IMF is the most totalitarian organization that has ever been invented in the so called “free world”. Some people who, with the backing of world banks, destroy the economy of EVERY country the have gone to “help”, in order to justify their hideously high salaries.
If you think that we have Democracy and Freedom, think again! In fact it is America who invented such ideas about the western economy and the rest of the Western World (not just the English speaking as you erroneously refer to), who are followng those totalitarian ideas are not at all different than the totalitarian communists of the late 60s, 70s and 80s.
And that is exactly why we are going head on to a total destruction of the world’s economy with all that it brings with it (usually an all out war).
No-one in his right minfd would ever destroy the foundation that is holding him and expect to stand after that.