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IMF and its Critics

Reform of Global Financial Architecture

Language EnglishEnglish
Book Hardback
Book IMF and its Critics David VinesChristopher L. Gilbert
Libristo code: 02045183
Publishers Cambridge University Press, February 2004
The IMF is the first economic institution in line to protect countries from the effects of financial... Full description
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The IMF is the first economic institution in line to protect countries from the effects of financial crises and to insulate the world economy from possible systemic risk. However, many argue that the IMF is insufficiently equipped to do this job, while others argue almost the opposite: the IMF's well-intentioned actions induce other countries to take risks which increase their exposure from both universities and the multilateral agencies, combines rigourous economic analysis with insider perspectives on key policy debates. It analyses the Asian and Argentine financial crises of the late 1990s, issues of policy ownership, the more general quest for financial stability and governance of the IMF. It is an essential reference for anyone interested in the role of international financial institutions in our globalised economy.

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