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Between December 1994 and March 1999, Mexico, Thailand, Indonesia, Korea, Malaysia, Russia and Brazil experienced major financial crises which were associated with massive recessions and extreme movements of exchange rates. Similar crises have threatened Turkey and Argentina (2000 and 2001) and...
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supported by the World Bank and the International Monetary Fund (IMF) have come into view. Since then, the member states have … pressured both organizations to implement environmental concerns. We analyze the reactions of the World Bank and the IMF …-loop). In a second step we describe the efforts of the bureaucracies of the World Bank (from the 1970s until today) and the IMF …
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World Bank was celebrated at meetings in Washington, DC; at Bretton Woods, New Hampshire; and at the Annual Meeting of the …
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A consensus has developed that the International Monetary Fund (IMF) is not fulfilling its role, prompting multiple proposals for reform. However, this paper argues that the focus on reform should be complemented with an exploration of alternatives outside the IMF which hold the potential to not...
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