IDEAS home Printed from https://ideas.repec.org/p/iie/pbrief/pb00-05.html
   My bibliography  Save this paper

The Role of the IMF: A Guide to the Reports

Author

Listed:
  • John Williamson

    (Peterson Institute for International Economics)

Abstract

Many of the discussions on a new international financial architecture that were spawned by the east Asian crisis have dealt with the future role of the International Monetary Fund (IMF). This policy brief starts by summarizing the recommendations of five recent reports and one speech, and the reasoning that lies behind them. These recommendations are divided into four major areas: 1) the scope of Fund activities, 2) surveillance, 3) lending, and 4) governance (on which topic I also summarize the views of a recent academic paper). I offer my own verdict on the first three of these topics in the last section of this brief.

Suggested Citation

  • John Williamson, 2000. "The Role of the IMF: A Guide to the Reports," Policy Briefs PB00-5, Peterson Institute for International Economics.
  • Handle: RePEc:iie:pbrief:pb00-05
    as

    Download full text from publisher

    File URL: https://www.piie.com/publications/policy-briefs/role-imf-guide-reports
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Giulio Federico, 2001. "IMF Conditionality," Economics Papers 2001-W19, Economics Group, Nuffield College, University of Oxford, revised 01 Sep 2001.
    2. Nunnenkamp, Peter, 2003. "Reforming the international financial architecture: What globalization critics demand and what policymakers have (not) achieved," Journal of Financial Transformation, Capco Institute, vol. 9, pages 39-46.
    3. Peter Leeson & Christopher Coyne, 2007. "The reformers’ dilemma: media, policy ownership, and reform," European Journal of Law and Economics, Springer, vol. 23(3), pages 237-250, June.
    4. Nunnenkamp, Peter, 2001. "Too Much, Too Little, or Too Volatile? International Capital Flows to Developing Countries in the 1990s," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 5(1), pages 119-147, June.
    5. Bird, Graham, 2002. "The credibility and signalling effect of IMF programmes," Journal of Policy Modeling, Elsevier, vol. 24(9), pages 799-811, December.
    6. Yung Chul Park & Yunjong Wang, 2002. "What Kind of International Financial Architecture for an Integrated World Economy?," Asian Economic Papers, MIT Press, vol. 1(1), pages 91-128.
    7. Cartapanis A. & Herland M., 2001. "Systemic Risk and New International Financial Architecture: Reconciling KEYNES and Neo-Liberalism?," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 5-26, January -.
    8. Jean-Pierre Allegret & Philippe Dulbecco, 2009. "Enforcing the IMF in the Global Economy: An Institutional Analysis," Chapters, in: Claude Gnos & Louis-Philippe Rochon (ed.), Monetary Policy and Financial Stability, chapter 6, pages 117-133, Edward Elgar Publishing.
    9. Nunnenkamp, Peter, 2002. "IWF und Weltbank: trotz aller Mängel weiterhin gebraucht?," Kiel Discussion Papers 388, Kiel Institute for the World Economy (IfW Kiel).
    10. Cohen, Daniel & Portes, Richard, 2004. "Dealing with Destabilizing 'Market Discipline'," CEPR Discussion Papers 4280, C.E.P.R. Discussion Papers.
    11. Kalonga Stambuli, 2002. "Political Change, Economic Transition and Catalysis of IMF and World Bank Models - the case of Malawi," Macroeconomics 0211003, University Library of Munich, Germany.
    12. Yilmaz AKYüZ, 2005. "Reforming The Imf: Back To The Drawing Board," G-24 Discussion Papers 38, United Nations Conference on Trade and Development.
    13. Nunnenkamp, Peter, 2001. "Umbaupläne und Reparaturarbeiten an der internationalen Finanzarchitektur: eine Zwischenbilanz aus deutscher Perspektive," Kiel Working Papers 1078, Kiel Institute for the World Economy (IfW Kiel).
    14. Ricardo J. Caballero, 2003. "The Future of the IMF," American Economic Review, American Economic Association, vol. 93(2), pages 31-38, May.
    15. Nunnenkamp, Peter, 2001. "Liberalization and regulation of international capital flows: where the opposites meet," Kiel Working Papers 1029, Kiel Institute for the World Economy (IfW Kiel).
    16. Nunnenkamp, Peter, 2003. "Systemic factors and economic development in Islamic countries," Open Access Publications from Kiel Institute for the World Economy 4319, Kiel Institute for the World Economy (IfW Kiel).
    17. Morris Goldstein, 2001. "IMF Structural Conditionality: How Much is Too Much?," Working Paper Series WP01-4, Peterson Institute for International Economics.
    18. Morris Goldstein, 2000. "Strengthening the International Financial Architecture: Where Do We Stand?," Working Paper Series WP00-8, Peterson Institute for International Economics.
    19. Nunnenkamp, Peter, 2007. "Internationale Finanzpolitik," Open Access Publications from Kiel Institute for the World Economy 4321, Kiel Institute for the World Economy (IfW Kiel).
    20. Michael Bordo & Anna J. Schwartz, 2001. "From the Exchange Stabilization Fund to the International Monetary Fund," NBER Working Papers 8100, National Bureau of Economic Research, Inc.
    21. Heinz Handler, 2008. "Vom Bancor zum Euro. Und weiter zum Intor?," WIFO Working Papers 317, WIFO.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iie:pbrief:pb00-05. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peterson Institute webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/iieeeus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.