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The IMF's track record on developing policy to govern the interaction of developing countries and global capital is not strong. Argentina was an IMF poster-child throughout the 1990s. Its economy imploded in 2001. The Brady Plan provided a resolution of the Latin American debt crisis of the...
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The global financial crisis, the weakening role of the dollar and the increasing international importance of China are calling for a reform of the international monetary system in the direction of greater multilateralism. To this end, we advance a proposal based on a greater role of the Special...
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