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This pamphlet is an adapted and updated version of the prologue to Tearing Down Walls: The International Monetary Fund 1990-1999 , by the same author. That book examines a tumultuous decade in which the IMF faced difficult challenges and took on new and expanded roles. Among these were assisting...
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This volume, fourth in a series of periodic histories of the institution, is as much a history of the world economy during 1979-89 as one of the IMF itself. Boughton discusses the IMF’s surveillance of the international monetary system in the 1980s; the Fund’s role in the international debt...
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All financial institutions specialize, in dimensions that may include categories of assets and liabilities, types of services offered, customer demographics, and geographic coverage. The International Monetary Fund is the only international financial institution that is universal in its...
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Two economists designed the main features of the charter of the IMF during World War II: John Maynard Keynes and Harry Dexter White. Several of those features are attributable primarily to White, including the adoption of fixed but adjustable exchange rates, the funding of operations with...
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