This paper studies the factors that have influenced countries' participation in IMF drawing programs. IMF drawing …-track, it provides a closer link to the factors that have influenced the evolution of IMF credit outstanding. The analysis uses … determinants of countries' participation in IMF drawing programs. The importance of the global factor is not uniform during the …

Designing appropriate governance structures for an international financial institution such as the IMF is difficult …

Two economists designed the main features of the charter of the IMF during World War II: John Maynard Keynes and Harry …

international financial architecture that might be implemented over the next ten years. It proposes routinizing the expansion of IMF … transactions, which would require someone-like the IMF-to act as market maker. It considers proposals for reimposing Glass …. Again there is likely to be a role for the IMF. Then there are arguments for a new agency or institution to deal with cross …

Drawing on recent research, this study elaborates on the role of the IMF in support of its lowincome members, pointing … financial institution, an information provider, and a commitment device. The IMF assists low-income members through a range of … building. The study reviews the features of IMF policies towards its low-income membership and points to the main challenges to …