1st Edition

IMF Programmes in Developing Countries Design and Impact

By Tony Killick Copyright 1995
    228 Pages
    by Routledge

    228 Pages
    by Routledge

    The International Monetary Fund is the centre of a global financial system that encourages budgetary discipline and full integration into world trade to facilitate development and alleviate poverty.
    Yet this policy 'conditionality' of the IMF is highly controversial. Critics state that fifty years of IMF existence has been 'fifty years too long', and that its doctrinaire policy must change or Fund programmes will have only limited ability to achieve their objectives.
    This book examines the arguments, tracing the extent of Fund adaptation, presenting major new evidence on the consequences of Fund programmes, and considering its future role.

    1. Starting Points Appendix: The Facilities of the IMF 2. Continuity and Change in IMF Programme Design, 1982-92 3. Programme Effects: What Can We Know? 4.Issues in the Design of IMF Programmes 5. Conclusion: Is Fifty Years Enough?

    Biography

    Tony Killick