Social Sciences
3 years ago

International Monetary Fund's Future Role in Economic Development Questioned.

Palgrave Macmillan Books
A Role for the International Monetary Fund in Economic Development
Graham Bird

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The article discusses the role of the International Monetary Fund (IMF) in economic development amidst global economic challenges and changing political attitudes. It questions whether the IMF can still be useful in the 1980s and beyond, and if so, what its role should be. The article highlights the impact of the move to generalised floating and a non-centralised method of international reserve creation on the IMF's functions.