Economics, Econometrics and Finance
4 years ago

The IMF's Evolution: How Historical Events Shaped a Global Financial Powerhouse

RePEc: Research Papers in Economics
The IMF and the force of History; Ten Events and Ten Ideas that Have Shaped the Institution
James M. Boughton

Paper Summary

The International Monetary Fund was created after World War II by people influenced by past events and economic theories. Its development was shaped by political events, economic changes, and shifts in economic thinking. These factors led to adjustments within the IMF, reflecting the evolving global landscape. The institution's history has had a significant impact on its structure and functions, requiring a broad perspective to fully understand its evolution.

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