As linchpin of the global financial system, the International Monetary Fund provides balance of payments support, chiefly to developing countries, conditional on strict remedial policy measures. Its approach to policy remains highly controversial, however. While the Fund claims …
"Maintream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct "free-market" policies. The authors demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explai…
"Maintream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct "free-market" policies. The authors demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explai…
This book constitutes a short history of the IMF's evolution. The attianment of the initial objectives in the Fund's first twenty years is the story told in seven articles of Part One. The first describes the Bretton Woods Conference; the second lists and explains the initial ob…
