You are here

What's Wrong with the IMF and How to Fix It (2018)

Primary tabs

SizeSeedsPeersCompleted
477.04 KiB10152
This torrent has no flags.



.
The IMF stands at a crossroad. Derided as increasingly irrelevant in the first decade of the new millennium, the Fund has had its power and prestige restored by the fallout from the 2008 global financial crisis. But will the resurgent IMF assert a more just and sustainable macroeconomic model and provide a voice for poor and marginalized people around the globe? Or will enduring weaknesses within the IMF mean it fails to address these issues?

In this book, Bessma Momani and Mark R. Hibben dissect the variables and institutional dynamics at play in IMF governance, surveillance, lending, and capacity development to expose the fundamental barriers to change. Identifying four areas that could “fix” the IMF, they show how these genuine and workable solutions can give the IMF the effectiveness and legitimacy it needs to positively shape twenty-first-century global governance and push back against volatile and regressive forces in the international political economy.

Comments

...that have no clue how and why the IMF really exists. They think that the decades of IMF policies having completely the opposite effect of their stated goals is just incompetence. Statistically this is next to impossible of course, as anyone with basic common sense and a rudimentary education (unobtainable at a public school) would clearly see.

We need to educate these well-meaning people about the hard realities of what the IMF and related organizations are really about - colonialism.

Perhaps they should all be sent copies of Confessions of an Economic Hit Man, versions 1 and 2.

That book has probably been the most successful at opening my family/friends minds.