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IMF lending to developing countries : issues and evidence
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IMF lending to developing countries : issues and evidence

Author: Graham R Bird
Publisher: London ; New York : Routledge, 1995.
Series: Development policy studies.
Edition/Format:   Book : EnglishView all editions and formats
Summary:
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  Read more...
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Details

Document Type: Book
All Authors / Contributors: Graham R Bird
ISBN: 0415117003 9780415117005
OCLC Number: 31737391
Description: x, 190 p. : ill. ; 22 cm.
Contents: 1. The IMF and Developing Countries --
2. IMF Lending: The Analytical Issues --
Appendix: Modelling IMF lending and conditionality --
3. IMF Lending: The Empirical Evidence --
Appendix: Developing country borrowing from the IMF: an analysis of the econometric evidence --
4. IMF Lending: The Way Forward.
Series Title: Development policy studies.
Responsibility: Graham Bird.
More information:

Abstract:

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.

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Linked Data


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schema: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."
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