What, you don't want to owe debt to the emerging world government?
also, please expand on the 'Tory Libertarian wet dream" comment. Why would they support the IMF?
Because they know they cannot privatize everything via Parliament - that even if they controlled Parliament members of their own party, along with the opposition and practically everyone else would oppose it. However, if was part of the conditions of getting money from the IMF, as part of its 'structural reform package' then they could shrug and go "well, that's our deal. We certainly didn't want
to do this, but, oh dear, it seems like we have no choice."
And of course, IMF privatization is like pretty much every other privatization scheme of the last thirty years, in that the same select groups of investors and companies would get first pick of the newly outsourced government services and to turn government monopolies into personal ones.
I keep an eye on the Tory blogosphere, especially among the more supposedly libertarian elements, and there have been a lot of statements essentially welcoming IMF economic dictatorship because of the above. That's Tories for you - if they can't do something democratically, they'll find a non-democratic method of doing it, and say "fuck you" to anyone who disagrees or protests.