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I. Introduction The 1983 debate over increasing the funding of the International Monetary Fund (IMF) reflects the basic conflict between the above two views. One school, as exemplified by the fir...
Throughouthistory, financial collapses havebeen defining moments for public policy. Crises promote action, embodied in new financial institutionsor policy doctrines. The motives that underlie such p...
Between 1990 and 1996, capital inflows to emerging market countries rose from $60 billion to $194 billion. Mexico’s problems in 1995 changed the form of those capital transfers, and equity owners le...
The Present State of the Debate The future of the International Monetary Fund (IMF) in the new global financial architecture has received much attention. In May 1998, I testified on this issue to t...
The “Report of the International Financial Institution Advisory Commission” (IFIAC 2000), released in March, is a blueprint for reforming the International Monetary Fund, the World Bank, and other ...
Official policy, whether national or global, always lags behind the realities of the marketplace. In times of major transition, it lags behind real policy, informal and unstated, as it responds to c...
Much of what the charters of the International Monetary Fund and World Bank say about purposes and objectives is out of date. The current mandate of the IMF should be to reduce global risk to an at...
The exchange rate policies of the member countries of the International Monetary Fund could come under more intrusive scrutiny because of the June 15, 2007, decision of the IMF Executive Board on b...

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