A consensus has developed that the International Monetary Fund (IMF) is not fulfilling its role, prompting multiple … alternatives outside the IMF which hold the potential to not only give developing countries greater bargaining leverage with the … IMF’s functions are being carried out in part through alternative institutional arrangements. It focuses in particular on …

Using panel data for 157 countries over the period 1999-2005 we empirically investigate the politics involved in IMF … find inflation forecasts are systematically biased downwards for countries with greater IMF loans outstanding relative to … GDP, indicating that the IMF engages in “defensive forecasting.” Countries with a fixed exchange rate regime also receive …

rely solely on the International Monetary Fund (IMF) again, the Chiang Mai Initiative (CMI) was created in 2000. When the … doubled in size to $240 billion, while the IMF de-linked portion was increased to 30%. A surveillance unit, the Association …-developing financial emergency, it is unlikely that the CMIM will be used even as a complement to the IMF. To serve as a stand-alone option …

We analyse the effect of IMF and World Bank policies on the composite index of economic freedom by Gwartney et al … relationship between credits and programs of the IMF and economic freedom. …

We analyse the effect of IMF and World Bank policies on the composite index of economic freedom by Gwartney et al … relationship between credits and programs of the IMF and economic freedom. …

Using empirical analysis, complemented with case studies, this paper studies under which circumstances IMF programs … the role of conditionality –as opposed to signalling and liquidity– as the strongest channel through which IMF catalyzes …

This paper proposes updating and improving the IMF’s lending mechanism, by replacing all of its credit lines with a … mechanism, more readily adaptable to borrowers’ needs, stronger incentives to avoid excessive use of IMF resources and equitable …

, causing sharp falls in investment and output. It is wrong to blame the IMF for these calamitous outcomes. Nevertheless, the … strategy adopted by the IMF for dealing with the Asian crisis was partly responsible for the severity of the crisis. By calling …