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A Role for the International Monetary Fund in Economic Development

In: Managing Global Money

Author

Listed:
  • Graham Bird

    (University of Surrey)

Abstract

One of the effects of the world’s faltering economic performance as well as of changing political attitudes in some large and powerful countries is that the activities of international institutions in general and the International Monetary Fund (IMF) in particular have recently come under close scrunity. Having had a significant proportion of the part allocated to it at Bretton Woods in 1944 written out by the move to generalised floating and the evolution of a non-centralised method of international reserve creation, there is now some debate as to whether the Fund can fulfil any useful role in the 1980s and beyond, and, if so, what this role should be.

Suggested Citation

  • Graham Bird, 1988. "A Role for the International Monetary Fund in Economic Development," Palgrave Macmillan Books, in: Managing Global Money, chapter 4, pages 63-83, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-09588-9_4
    DOI: 10.1007/978-1-349-09588-9_4
    as

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