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In recent years, the volatility of exchange rates and asset prices in international financial markets has threatened to shred the economic, political, and social fabric of several countries around the world. There appears to be a pattern to the spirals of volatility characteristic of this...
Persistent link: https://www.econbiz.de/10009438505
This article explores the historical relationship between the Government of India (GOI) and the International Monetary Fund (IMF) as a successful model for the ways in which a developing country can learn to work with and through multilateral organisations to promote economic and political...
Persistent link: https://www.econbiz.de/10005292259
Democratising the governance of the IMF will significantly improve the institution's capacity to manage crises. The implementation of a democratic framework requires a reform of the Fund's 'quota regime,' which mediates the distribution of voting power. An optimal reform of the quota regime that...
Persistent link: https://www.econbiz.de/10005202393
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