International Monetary Fund: Financial Medic to the World?

Thursday, February 25, 1999

This useful compendium provides both background information and current public policy discussions on an organization that a large segment of society knows little about. The article and opinion pieces on the International Monetary Fund (IMF) represent a diversity of views on the origins, operations, and effectiveness of the IMF. The book specifically examines the mission and operations of the IMF, now more than fifty years old, and the effects of its financing programs and loan conditions on the countries accepting IMF funding. The editors look at the historical record as well as recent IMF activity in Mexico, East Asia, and Russia and present a dialogue on "mission creep." Finally, the book presents opposing viewpoints on whether the IMF should continue to exist.

Copyright 1999.