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Preface : Redefining Development / Muhammad Yunus -- Introduction / Kevin Danaher -- World Bank/IMF : 50 years is … -- IMF/World Bank wreak havoc on Third World / Davison Budhoo -- The free trade connection / John Gershman -- The debt … to Third World debt? / Doug Henwood -- Brazil : drowning in debt / Marcos Arruda, interviewed by Multinational Monitor …
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This paper reviews the design of and experience with IMF-supported programs formulated in response to capital account crises in the 1990s, focusing on the experiences of eight countries: Turkey (1994), Mexico (1995), Argentina (1995), Thailand (1997), Indonesia (1997), Korea (1997), the...
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This collection of papers examines IMF-supported programs over the period 1995-2000 in both middle-income and low-income countries. In order to seek insights from a comparison across different types of programs, the sections entitled""Objectives and Outcomes,"" ""Policy Formulation and...
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The macroeconomic effects of scaling up aid -- Managing the real exchange rate -- Using monetary policy for sterilization and inflation management -- Mobilizing adequate domestic revenues -- Projecting the impact of increased aid on economic growth -- Meeting other fiscal challenges --...
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In late 1999 the IMF established the Poverty Reduction and Growth Facility (PRGF) to integrate the objectives of poverty reduction and growth more fully into its operations for the poorest countries, and to base these operations on national poverty reduction strategies prepared by the country...
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