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The IMF: the Lessons to Be Learnt from the Crisis

Author

Listed:
  • Larisa G. Chuvakhina

    (Budget and Treasury Academy of the Ministry of Finance of the Russian Federation, Moscow, Russia)

Abstract

The article author dedicates her work to the issues associated with the reforming of the International Monetary Fund (IMF). She examines the key problems the organization faces and the difficulties it encounters when building efficient and well-thought-out strategies. The article author stresses that the BRIC countries should play a more active role in the IMF management and the scheme used when the Russian Federation takes part in the IMF operations should be improved.

Suggested Citation

  • Larisa G. Chuvakhina, 2011. "The IMF: the Lessons to Be Learnt from the Crisis," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 73-82, January.
    • Handle: RePEc:fru:finjrn:110106:p:73-82
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    More about this item

    Keywords

    International Monetary Fund; world financial crisis; redistribution of quotas; currency wars; financial security;
    All these keywords.

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F37 - International Economics - - International Finance - - - International Finance Forecasting and Simulation: Models and Applications
    • F38 - International Economics - - International Finance - - - International Financial Policy: Financial Transactions Tax; Capital Controls

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