James M. Boughton, Domenico Lombardi "Finance, Development, and the IMF"
Oxford University Press | English | 2009-10-04 | ISBN: 019923986X | 304 pages | PDF | 1,4 MB


This book provides an assessment of the role of the InternationalMonetary Fund in poor countries. In recent years, a large portion ofthe work of the IMF has focused on the economies of low-incomecountries by aiming to create conditions conducive to poverty reductionand stable economic growth. More than two fifths of the IMF's 185members are low-income countries and many others have substantialpockets of poverty in their populations. Since economic development andthe reduction of poverty are the most important economic challengesthat these countries face, how can the IMF best help them? How can theimperative of macroeconomic and financial stability be reconciled withthe requirements for sustained economic growth? This volume bringstogether the research of leading economists, political scientists, andhistorians to suggest ways for the IMF to address these issueseffectively