IMF lending to developing countries
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Word Count
47,500 words, Guess
Page Count
190 pages
Identifiers
- Open LibraryOL1121211M
- ISBN-100415117003
- OCLC Control Number252948835
- OCLC Control Number31737391
- OCLC Control Numberimflendingtodeve0000bird
and 3 more
- Library of Congress Control Number94047967
- LibraryThing5528833
- Goodreads3709373
Classifications
- DDC332.1/52
- LCCHG3881.5.I58 B525 1995
Description
The International Monetary Fund was created to centralise the management of the global monetary system. As international financial markets evolved, the richer countries turned to other, more flexible sources of finance and IMF lending became almost exclusively focused on the developing world. And yet the IMF has been widely criticised for its lending role in developing countries, with some arguing that it should not be lending at all and others claiming that net reverse flows since the mid-1980s suggest that the Fund has abrogated its responsibilities. This book provides the first detailed theoretical and empirical analysis of Fund lending and concludes that key changes are needed if the Fund is to realise its full potential for assisting developing countries.
Subjects
Series Statement
- Development policy studies
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