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Books > Business & Economics > Finance & accounting > Finance > Banking
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IMF Lending to Developing Countries - Issues and Evidence (Hardcover)
Loot Price: R4,475
Discovery Miles 44 750
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IMF Lending to Developing Countries - Issues and Evidence (Hardcover)
Series: Development Policy Studies Series
Expected to ship within 12 - 19 working days
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As the linchpin of the global financial system, the International
Monetary Fund provides the balance of payments support, chiefly to
developing countries, conditional on strict remedial policy
measures. Its approach to policy remains highly controversial,
however. While the Fund claims it has adapted, critics allege its
policies are harshly doctrinaire, imposing hardships on already
poverty-stricken people. For the critics, the half century of its
existence is `fifty years too long' and radical change is
essential. This book examines the arguments, tracing the extent of
Fund adaption, presenting major new evidence on the consequences of
fund programes, and considering its future role.
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