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 ye...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Bird, Graham 1930- (VerfasserIn)
Format:	Buch
Sprache:	English
Veröffentlicht:	London u.a. Routledge 1995
Ausgabe:	1. publ.
Schriftenreihe:	Development policy studies
Schlagworte:	Fonds monétaire international International Monetary Fund Internationaler Währungsfonds Dettes extérieures - Pays en voie de développement IMF Leningen Prêts étrangers - Pays en voie de développement Entwicklungsländer Debts, External > Developing countries Loans, Foreign > Developing countries Kreditgewährung
Zusammenfassung:	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.
Beschreibung:	X, 190 S. graph. Darst.
ISBN:	0415117003