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Institutions Of The International Monetary System (Ims): The Role Of The International Monetary Fund (Imf) In The World Economy


  • Iordache, Floarea

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)

  • Balasescu, Florin Razvan

    (Centre for Financial and Monetary Research “Victor Slăvescu”, Romanian Academy)


The analysis of IMF activity in its more than 60 years of existence highlights a difference between the primarily objectives and actual results of policies pursued. How it was at the very beginning and how is in our days? In the following paper we want to point out this major divergence considering the context of nested financial markets globalization.

Suggested Citation

  • Iordache, Floarea & Balasescu, Florin Razvan, 2011. "Institutions Of The International Monetary System (Ims): The Role Of The International Monetary Fund (Imf) In The World Economy," Studii Financiare (Financial Studies), Centre of Financial and Monetary Research "Victor Slavescu", vol. 15(2), pages 200-208.
  • Handle: RePEc:vls:finstu:v:15:y:2011:i:2:p:200-208

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    Cited by:

    1. Drehmann, Mathias & Juselius, Mikael, 2014. "Evaluating early warning indicators of banking crises: Satisfying policy requirements," International Journal of Forecasting, Elsevier, vol. 30(3), pages 759-780.
    2. Malgorzata Olszak & Mateusz Pipien & Sylwia Roszkowska, 2016. "The Impact Of Capital Ratio On Lending Of Eu Banks – The Role Of Bank Specialization And Capitalization," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(1), pages 43-59, March.
    3. Curtis, Devon E. A., 2014. "Local agency, development assistance and the legacies of rebellion in Burundi and Rwanda," WIDER Working Paper Series 128, World Institute for Development Economic Research (UNU-WIDER).
    4. Sergey Narkevich & Pavel Trunin, 2012. "Reserve Currencies: Factors of Evolution and their Role in the World Economy," Research Paper Series, Gaidar Institute for Economic Policy, issue 162P.
    5. Adrian, Tobias, 2017. "Risk Management and Regulation," CEPR Discussion Papers 12422, C.E.P.R. Discussion Papers.

    More about this item


    economic crisis; globalization; world economy;

    JEL classification:

    • F0 - International Economics - - General
    • N20 - Economic History - - Financial Markets and Institutions - - - General, International, or Comparative


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