A large and growing academic literature seeks to analyse the key
aspects of the International Monetary Fund's operations from both
theoretical and empirical perspectives. This two-volume set draws
together what are generally acknowledged to be the most important
contributions. In the main it focuses on the economics of the IMF
but also reflects the fact that a full understanding of the Fund
will only be achieved if its political dimensions are also
addressed. The collected articles demonstrate the way in which
research on the IMF has evolved over time. They cover the role of
the IMF, the determinants of IMF lending, conditionality and the
implementation and effects of IMF programs, the prolonged use of
IMF resources as well as the IMF's own reserve asset, the Special
Drawing Right. No serious student of the IMF will want to be
without this up-to-date and comprehensive collection.
General
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