Fratzscher, Marcel; Reynaud, Julien - In: European Journal of Political Economy 27 (2011) 3, pp. 405-422
The International Monetary Fund (IMF) is in the process of re-inventing itself with bilateral and multilateral surveillance emerging as a key function. The paper analyses how IMF surveillance announcements may be influenced by political power that member countries exert at the IMF. First, we...