At present primarily governed by market forces with little regulatory interference, international financial relations have become increasingly important for global as well as national economies. Contributors to this volume consider whether this absence of regulation is wise, in the light of...

Introduction : the dismal legacy and false promise of multilateral aid / Doug Bandow and Ian V(c)Łsquez -- 1. The IMF : a record of addiction and failure / Doug Bandow -- 2. The political economy of the IMF : a public choice / Roland Vaubel -- 3. The World Bank and the impoverishment of nations...