What's wrong with the IMF and how to fix it / Bessma Momani, Mark R. Hibben.

Format:

Book

Author/Creator:

Momani, Bessma, author.

Hibben, Mark, author.

Series:

What's wrong series

Language:

English

Subjects (All):

International Monetary Fund.

Financial institutions, International.

Monetary policy--International cooperation.

Monetary policy.

International finance.

Physical Description:

xvi, 264 pages ; 22 cm.

Place of Publication:

Cambridge, UK ; Medford, MA : Polity Press, 2018.

Summary:

The IMF stands at a crossroad. Derided as increasingly irrelevant in the first decade of the new millennium, the Fund has had its power and prestige restored by the fallout from the 2008 global financial crisis. But will the resurgent IMF assert a more just and sustainable macroeconomic model and provide a voice for poor and marginalized people around the globe? Or will enduring weaknesses within the IMF mean it fails to address these issues? In this book, Bessma Momani and Mark R. Hibben dissect the variables and institutional dynamics at play in IMF governance, surveillance, lending, and capacity development to expose the fundamental barriers to change. Identifying four areas that could "fix" the IMF, they show how these genuine and workable solutions can give the IMF the effectiveness and legitimacy it needs to positively shape twenty-first-century global governance and push back against volatile and regressive forces in the International political economy. Book jacket.

Contents:

What is wrong with the IMF?

Governance and decision-making

Surveillance

Lending and conditionality

Capacity development

Democratize governance and decision making

Diversify the IMF staff

Commit to inclusive growth

Enhance multilateral partnerships

Closing the hypocrisy gap.

Notes:

Includes bibliographical references and index.

Other Format:

Online version: Momani, Bessma. What's wrong with the IMF and how to fix it.

ISBN:

9781509509669

1509509666

9781509509676

1509509674

OCLC:

985799917