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Mandato e Attività del Fondo Monetario Internazionale
[The Mandate and the Activity of the International Monetary Fund]

Author

Listed:
  • Cafiso, Gianluca

Abstract

This paper explains the evolution of the International Monetary Fund’s mandate and discusses its role in supporting countries experiencing a macroeconomic crisis. We consider the conditionality attached to its loans and why it is convenient in some regards. Even though its operations and functioning raise many criticisms, we argue that the Fund is a necessary institution because it acts opposite to capital markets when it is necessary.

Suggested Citation

  • Cafiso, Gianluca, 2002. "Mandato e Attività del Fondo Monetario Internazionale [The Mandate and the Activity of the International Monetary Fund]," MPRA Paper 28272, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:28272
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    File URL: https://mpra.ub.uni-muenchen.de/28272/1/MPRA_paper_28272.pdf
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    References listed on IDEAS

    as
    1. Andres Velasco & Roberto Chang, 2000. "Exchange-Rate Policy for Developing Countries," American Economic Review, American Economic Association, vol. 90(2), pages 71-75, May.
    2. Michael Mussa, 2002. "Argentina and the Fund: From Triumph to Tragedy," Peterson Institute Press: Policy Analyses in International Economics, Peterson Institute for International Economics, number pa67, February.
    3. Ms. Anna Unigovskaya & Ms. Valerie A Mercer-Blackman, 2000. "Compliance with IMF Program Indicators and Growth in Transition Economies," IMF Working Papers 2000/047, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    International Monetary Fund; Conditionality; Structural Adjustment Programs.;
    All these keywords.

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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