Successes of the International Monetary Fund : untold stories of cooperation at work / edited by Eduard Brau and Ian McDonald.

Format:

Book

Contributor:

Brau, Eduard H.

McDonald, Ian S.

Language:

English

Subjects (All):

International Monetary Fund--Developing countries.

International Monetary Fund.

Financial crises--Developing countries--Prevention.

Financial crises.

Economic assistance--Developing countries.

Economic assistance.

Developing countries.

Physical Description:

xiii, 246 pages : illustrations ; 23 cm

Place of Publication:

Houndmills, Basingstoke, Hampshire ; New York, NY : Palgrave Macmillan, 2009.

Summary:

The International Monetary Fund (IMF) is the central institution of the international monetary system and plays an important role in the economic life of many countries. IMF assistance has been a key factor in the successful resolution of economic crises in Brazil, Korea, Poland, Tanzania, Turkey, and Uruguay, but the positive impact of IMF support goes unnoticed by many.

Successes of the International Monetary Fund is the first book to focus fully on IMF successes, including its important initiatives to help prevent financial crises in advanced and in developing economies. With first-hand accounts by IMF staff and senior country officials, and written independently of the IMF, it seeks to balance the largely critical existing literature. This book is essential reading for anyone seeking a balanced understanding of the value of the IMF and the challenges in monetary cooperation among countries.

Contents:

Introduction / Eduard Brau and Ian McDonald

The Korean crisis ten years later : a success story / Hubert Neiss, Wanda Tseng, and James Gordon ; comment by Kihwan Kim

Poland : stabilization, transition, and reform, 1990-91 / Timothy Lane, Rolando Ossowski, and Massimo Russo ; comment by Leszek Balcerowicz

Turkey's renaissance : from banking crisis to economic revival / Hugh Bredenkamp, Mats Josefsson, and Carl-Johan Lindgren ; comment by Süreyya Serdengeçti

Tanzania : reform and progress, 1995-2007 / Robert Sharer ; comment by Gray S. Mgonja

Brazil : anchoring policy credibility in the midst of financial crisis / Lorenzo L. Pérez and Philip R. Gerson ; comment by Arminio Fraga

Uruguay 2002-3 : recovery from economic contagion / Steven Seelig and Gilbert Terrier ; comment by Carlos Steneri

Opening the economic books of governments and of the IMF / Thomas Dawson II and Charles Enoch ; comment by Martin Parkinson

Strengthening financial sectors and preventing crises / Tomás J. Baliño ; comment by José Viñals

The IMF staff's view of the world : the world economic outlook / Graham Hacche ; comment by Martin Wolf

Conclusions / Eudard Brau and Ian McDonald.

Notes:

Includes bibliographical references (pages 232-238) and index.

ISBN:

9780230203136

0230203132

9780230578098

0230578098

OCLC:

237885605

Online:

Contributor biographical information

Publisher description