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IMF Lending to Developing Countries

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IMF Lending to Developing Countries Synopsis

As the linchpin of the global financial system, the International Monetary Fund provides the balance of payments support, chiefly to developing countries, conditional on strict remedial policy measures. Its approach to policy remains highly controversial, however. While the Fund claims it has adapted, critics allege its policies are harshly doctrinaire, imposing hardships on already poverty-stricken people. For the critics, the half century of its existence is `fifty years too long' and radical change is essential. This book examines the arguments, tracing the extent of Fund adaption, presenting major new evidence on the consequences of fund programes, and considering its future role.

About This Edition

ISBN: 9781138834989
Publication date:
Author: Graham Bird
Publisher: Routledge an imprint of Taylor & Francis
Format: Hardback
Pagination: 202 pages
Series: Development Policy Studies
Genres: Development economics and emerging economies
International institutions
International economics

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