Although the official statistics imply that the rate of growth of real GDP in the United States has declined in recent years, it has still been substantially higher than the real growth rates in Europe and the other industrial countries, leading to higher real per capita incomes. This paper...

Although the official statistics imply that the rate of growth of real GDP in the United States has declined in recent years, it has still been substantially higher than the real growth rates in Europe and the other industrial countries, leading to higher real per capita incomes. This paper...

NOTE: This is a description of the paper and is not the actual abstract. This paper discusses the role of the IMF in the current Asian "economic crisis". It traces the evolution of the IMF policy from macroeconomic policies in currency crises to the current attempt to impose very detailed...