IMF Lending to Developing Countries: Issues and Evidence (Development Policy Studies Series)

Graham Bird

ISBN 10: 0415117003 / ISBN 13: 9780415117005

Published by Routledge 1994-12-22, 1994

About this Item

Seller Inventory # 6666-IUK-9780415117005

Bibliographic Details

• Title: IMF Lending to Developing Countries: Issues and Evidence (Development Policy Studies Series)
• Publisher: Routledge 1994-12-22
• Publication Date: 1994
• Language: English
• ISBN 10: 0415117003
• ISBN 13: 9780415117005
• Binding: Paperback
• Condition: New

About this title

Synopsis

As the linchpin of the global financial system, the International Monetary Fund provides the 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 it has adapted, critics allege its policies are harshly doctrinaire, imposing hardships on already poverty-stricken people. For the critics, the half century of its existence is `fifty years too long' and radical change is essential. This book examines the arguments, tracing the extent of Fund adaption, presenting major new evidence on the consequences of fund programes, and considering its future role.

About the Author

Graham Bird is Professor of Economics and Director of the Surrey Centre for International Economic Studies, University of Surrey.