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Reforming the IMF for the 21st Century


  • Edwin M. Truman

    (Peterson Institute for International Economics)


Based on a conference held in September 2005 on the future of the International Monetary Fund, this important new book includes an overview of the challenges facing the IMF today. In addition, the authors offer a wide range of views on four areas: the international monetary system and the IMF (with an emphasis on enforcing and reforming the rules), governance (including representation), financial resources (the need for additional resources and how they should be supplied), and financing (including the role of IMF financing and the need for new facilities).

Suggested Citation

  • Edwin M. Truman, 2006. "Reforming the IMF for the 21st Century," Peterson Institute Press: All Books, Peterson Institute for International Economics, number sr19.
  • Handle: RePEc:iie:ppress:sr19
    Note: Special Report 19

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    References listed on IDEAS

    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2011. "From Financial Crash to Debt Crisis," American Economic Review, American Economic Association, vol. 101(5), pages 1676-1706, August.
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    Cited by:

    1. Ronald U. Mendoza, 2007. "A Compendium of Policy Instruments to Enhance Financial Stability and Debt Management in Emerging Market Economies," Working Papers 48, United Nations, Department of Economics and Social Affairs.
    2. Joseph Joyce & Todd Sandler, 2008. "IMF retrospective and prospective: A public goods viewpoint," The Review of International Organizations, Springer, vol. 3(3), pages 221-238, September.
    3. Masahiro Kawai & Peter A. Petri, 2014. "Asia'S Role In The Global Economic Architecture," Contemporary Economic Policy, Western Economic Association International, vol. 32(1), pages 230-245, January.
    4. C. Randall Henning, 2009. "US Interests and the International Monetary Fund," Policy Briefs PB09-12, Peterson Institute for International Economics.
    5. Masahiro Kawai, 2010. "Reform Of The International Financial Architecture: An Asian Perspective," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(01), pages 207-242.
    6. Alan Ahearne & Jean Pisani-Ferry & Andre Sapir & Nicolas Veron, 2008. "The EU and the governance of globalisation," International Journal of Public Policy, Inderscience Enterprises Ltd, vol. 3(1/2), pages 118-139.
    7. Zhang Jiaming, 2015. "Imf’S Reforms And Brics’ New International Financial Institutions: Progress And Policies," Romanian Economic Business Review, Romanian-American University, vol. 10(3), pages 133-149, September.
    8. Maurice Obstfeld, 2009. "Lenders of Last Resort in a Globalized World," IMES Discussion Paper Series 09-E-18, Institute for Monetary and Economic Studies, Bank of Japan.
    9. C. Randall Henning, 2011. "Coordinating Regional and Multilateral Financial Institutions," Working Paper Series WP11-9, Peterson Institute for International Economics.
    10. Tanzi, Vito, 2008. "The future of fiscal federalism," Discussion Papers, Research Unit: Market Processes and Governance SP II 2008-03, Social Science Research Center Berlin (WZB).
    11. Masahiro Kawai & Peter A. Petri & Elif Sisli Ciamarra, 2010. "Asia in Global Governance: A Case for Decentralized Institutions," Chapters,in: Asian Regionalism in the World Economy, chapter 13 Edward Elgar Publishing.
    12. Masahiro Kawai & Peter A. Petri, 2010. "Asia’s Role in the Global Financial Architecture," Working Papers id:2958, eSocialSciences.
    13. Eduardo Wiesner, 2008. "The Political Economy of Macroeconomic Policy Reform in Latin America," Books, Edward Elgar Publishing, number 12913.
    14. Julien Reynaud & Fabien Lange & Łukasz Gątarek & Christian Thimann, 2011. "Proximity in Coalition Building," Central European Journal of Economic Modelling and Econometrics, CEJEME, vol. 3(3), pages 111-132, September.
    15. Carlo Gola & Francesco Spadafora, 2009. "Financial Sector Surveillance and the IMF," IMF Working Papers 09/247, International Monetary Fund.
    16. Maurice Obstfeld, 2009. "2009 International Conference "Financial System and Monetary Policy Implementation," Keynote Speech, Lenders of Last Resort in a Globalized World," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 27(1), pages 35-52, November.
    17. Wendy Dobson, 2009. "A Window of Opportunity Opens: Asian and American Views of the International Economic Architecture," Working Papers Series 19, Rotman Institute for International Business, Joseph L. Rotman School of Management, University of Toronto, revised Aug 2009.
    18. André Sapir & Alan Ahearne & Jean Pisani-Ferry & Nicolas Véron, 2006. "Global governance: an agenda for Europe," ULB Institutional Repository 2013/8104, ULB -- Universite Libre de Bruxelles.
    19. Herbert Gratz & Harald Grech, 2006. "Reforming the International Monetary Fund – Some Reflections," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 4, pages 98-118.
    20. Robert Brown, 2010. "Measuring Delegation," The Review of International Organizations, Springer, vol. 5(2), pages 141-175, June.
    21. Sieglinde Gstöhl, 2007. "Governance through government networks: The G8 and international organizations," The Review of International Organizations, Springer, vol. 2(1), pages 1-37, March.
    22. Didier, Tatiana & Mauro, Paolo & Schmukler, Sergio L., 2008. "Vanishing financial contagion?," Journal of Policy Modeling, Elsevier, vol. 30(5), pages 775-791.
    23. Allan Meltzer, 2011. "The IMF returns," The Review of International Organizations, Springer, vol. 6(3), pages 443-452, September.
    24. Masahiro Kawai & Peter A. Petri, 2010. "Asia’s Role in the Global Economic Architecture," Governance Working Papers 22728, East Asian Bureau of Economic Research.
    25. Bessma Momani, 2007. "IMF staff: Missing link in fund reform proposals," The Review of International Organizations, Springer, vol. 2(1), pages 39-57, March.

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