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The authorities’ program for 2003–05, supported by the previous Stand-By Arrangement (SBA), successfully stabilized the economy despite difficult conditions. A new economic program for 2006–08 is needed to consolidate macroeconomic stability, address remaining...
Persistent link: https://www.econbiz.de/10011245700
Designing appropriate governance structures for an international financial institution such as the IMF is difficult …
Persistent link: https://www.econbiz.de/10005825916
Two economists designed the main features of the charter of the IMF during World War II: John Maynard Keynes and Harry …
Persistent link: https://www.econbiz.de/10005768807
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 …
Persistent link: https://www.econbiz.de/10005599367
The international monetary system is largely the product of negotiations during World War II between U.S. and U.K. officials, led respectively by Harry Dexter White and John Maynard Keynes. The design of the system, especially the International Monetary Fund, reflects the U.S. plan much more...
Persistent link: https://www.econbiz.de/10005604817
shaped by their economics training and their nationalities. After the IMF began functioning as an institution, its evolution …
Persistent link: https://www.econbiz.de/10005604900
the IMF, the other under the leadership of Harry Johnson in Chicago. The IMF approach is presented as an evolutionary …-proclaimed revolutionary. It posits the ‘essentially monetary character’ of the balance of payments. The IMF model tests satisfactorily as an …
Persistent link: https://www.econbiz.de/10005605086
Persistent link: https://www.econbiz.de/10010790468