Finance, Development, and the IMF

Author:   James M. Boughton (Historian of the International Monetary Fund and Assistant Director in the Policy Development and Review Department of the IMF) ,  Domenico Lombardi (President, The Oxford Institute for Economic Policy (OXONIA))
Publisher:   Oxford University Press
ISBN:  

9780199239863


Pages:   330
Publication Date:   25 June 2009
Format:   Hardback
Availability:   To order   Availability explained
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Finance, Development, and the IMF


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Overview

This book provides an assessment of the role of the International Monetary Fund in poor countries. In recent years, a large portion of the work of the IMF has focused on the economies of low-income countries by aiming to create conditions conducive to poverty reduction and stable economic growth. More than two fifths of the IMF's 185 members are low-income countries and many others have substantial pockets of poverty in their populations. Since economic development and the reduction of poverty are the most important economic challenges that these countries face, how can the IMF best help them? How can the imperative of macroeconomic and financial stability be reconciled with the requirements for sustained economic growth? This volume brings together the research of leading economists, political scientists, and historians to suggest ways for the IMF to address these issues effectively

Full Product Details

Author:   James M. Boughton (Historian of the International Monetary Fund and Assistant Director in the Policy Development and Review Department of the IMF) ,  Domenico Lombardi (President, The Oxford Institute for Economic Policy (OXONIA))
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.30cm , Height: 2.40cm , Length: 24.10cm
Weight:   0.653kg
ISBN:  

9780199239863


ISBN 10:   019923986
Pages:   330
Publication Date:   25 June 2009
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Introduction ForewordMichel Camdessus: 1: James M. Boughton & Domenico Lombardi: The Role of the IMF in Low-Income Countries: An Overview History and Nature of the Role of the IMF in Low-Income Countries 2: Harold James: Bretton Woods and the Debate About Development 3: James M. Boughton: Lending to and for the Poor: How the IMF's Role has Evolved 4: James M. Boughton: The Case for a Universal Financial Institution 5: Domenico Lombardi: The Role of the IMF in Low-Income Countries: An Institutional Approach IMF Policies and Financing in Low-Income Countries 6: Graham Bird & Dane Rowland: Financier or Facilitator? The Changing Role of the IMF in Low- Income Countries 7: David Bevan: The IMF's Approach to Macroeconomic Policy in Low-Income Countries 8: Timothy Lane: Signaling, Aid, and IMF Financial Arrangements for Low-Income Countries 9: Graham Bird and Robert Powell: The Debt Relief in Low Income Countries: Background, Evolution and Effects 10: Joanne Salop: The Role and Performance of the IMF in Aid to Low-Income Countries: Lessons from Evaluation 11: Patrick Conway: Participation in IMF Programs and Income Inequality The Role of Low-Income Member Countries in the Governance of the IMF 12: Ngaire Woods: Governance Matters: the IMF and Sub-Saharan Africa 13: Bessma Momani: Proposing IMF Reforms for Low Income Countries 14: Abbas Mirakhor and Iqbal Mehdi Zaidi: Rethinking the Governance of the International Monetary Fund

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Author Information

James Boughton is Historian of the International Monetary Fund and, since 2001, Assistant Director in the Strategy, Policy, and Review Department at the IMF. From 1981 until he was named Historian in 1992, he held various positions in the IMF Research Department. Dr. Boughton holds a Ph.D. in economics from Duke University, and before joining the IMF staff, he was Professor of Economics at Indiana University and had served as an economist at the OECD in Paris. His publications include a textbook on money and banking, a book on the U.S. Federal funds market, two IMF books that he co-edited, and articles in professional journals on international finance, monetary theory and policy, international policy coordination, and the history of economic thought. Domenico Lombardi is President of The Oxford Institute for Economic Policy (OXONIA). Dr. Lombardi is an Associate Faculty Member at Nuffield College, a Senior Research Associate with the Global Economic Governance Programme as well as the Department of International Development at Queen Elizabeth House, and a Research Member at Exeter College, Oxford University. Previously a Visiting Scholar at The Institute for Fiscal Studies, London, he has advised the Executive Boards of the International Monetary Fund and the World Bank. Dr. Lombardi is a member of leading policy fora including the Brookings Institution and the Bretton Woods Committee's International Council, is a Managing Editor of World Economics and sits on the editorial boards of various journals. His academic research addresses a number of policy-related questions in macroeconomics and international economics.

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