IDEAS home Printed from https://ideas.repec.org/a/psl/moneta/200011.html
   My bibliography  Save this article

La riforma del FMI: alcune questioni organizzatIve e operative

Author

Listed:
  • Hossein Askari

    (George Washington University, lnternational Business Department, Washington (USA))

  • Samir Chebil

    (World Bank, Washington (USA))

Abstract

While financial crises during the 1990s have started a lively debate on IMF policies toward member countries, reform of the Fund's organizational structure and operations have been largely ignored. Improved organization and operations would increase IMF efficiency and membership participation, which would in turn increase IMF effectiveness in enhancing global economic conditions. In this paper, a number of such issues--quotas, voting structure and decision making; executive board and ministerial committees; management structure and staff; political dimensions, transparency and credibility--are assessed.

Suggested Citation

  • Hossein Askari & Samir Chebil, 2000. "La riforma del FMI: alcune questioni organizzatIve e operative," Moneta e Credito, Economia civile, vol. 53(209), pages 3-54.
    • Handle: RePEc:psl:moneta:2000:11
    as

    Download full text from publisher

    File URL: http://ojs.uniroma1.it/index.php/monetaecredito/article/view/10126/10010
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Charles W. Calomiris, 1998. "The IMF's Imprudent Role As Lender of Last Resort," Cato Journal, Cato Journal, Cato Institute, vol. 17(3), pages 275-294, Winter.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Burnside, Craig & Eichenbaum, Martin & Rebelo, Sergio, 2001. "Hedging and financial fragility in fixed exchange rate regimes," European Economic Review, Elsevier, vol. 45(7), pages 1151-1193.
    2. Cécile Bastidon, 2002. "Financement extérieur des Pays en Développement : une revue de la littérature des modèles de dette et de crises financières," Post-Print hal-00730937, HAL.
    3. Michael Mussa & Miguel Savastano, 2000. "The IMF Approach to Economic Stabilization," NBER Chapters, in: NBER Macroeconomics Annual 1999, Volume 14, pages 79-128, National Bureau of Economic Research, Inc.
    4. Tito Cordella & Eduardo Levy Yeyati, 2005. "Country Insurance," IMF Staff Papers, Palgrave Macmillan, vol. 52(si), pages 1-6.
    5. Douglas Gale & Xavier Vives, 2002. "Dollarization, Bailouts, and the Stability of the Banking System," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 117(2), pages 467-502.
    6. Olivier Jeanne & Charles Wyplosz, 2003. "The International Lender of Last Resort. How Large Is Large Enough?," NBER Chapters, in: Managing Currency Crises in Emerging Markets, pages 89-124, National Bureau of Economic Research, Inc.
    7. Saravia, Diego, 2010. "On the role and effects of IMF seniority," Journal of International Money and Finance, Elsevier, vol. 29(6), pages 1024-1044, October.
    8. Jean-Charles Rochet & Xavier Vives, 2004. "Coordination Failures and the Lender of Last Resort: Was Bagehot Right After All?," Journal of the European Economic Association, MIT Press, vol. 2(6), pages 1116-1147, December.
    9. Jeffrey A. Frankel & Nouriel Roubini, 2001. "The Role of Industrial Country Policies in Emerging Market Crises," NBER Working Papers 8634, National Bureau of Economic Research, Inc.
    10. J. Lawrence Broz, 2005. "Congressional Politics of International Financial Rescues," American Journal of Political Science, John Wiley & Sons, vol. 49(3), pages 479-496, July.
    11. H. Askari & S. Chebil, 1999. "Reforming the IMF: some organizational and operational issues," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 52(211), pages 335-381.
    12. Naqvi, Hassan, 2015. "Banking crises and the lender of last resort: How crucial is the role of information?," Journal of Banking & Finance, Elsevier, vol. 54(C), pages 20-29.
    13. Michael D. Bordo & Anna J. Schwartz, 2003. "Charles Goodhart's contributions to the history of monetary institutions," Chapters, in: Paul Mizen (ed.), Monetary History, Exchange Rates and Financial Markets, chapter 2, Edward Elgar Publishing.
    14. ., 2014. "Innovation and authenticity in Islamic finance," Chapters, in: Morality and Justice in Islamic Economics and Finance, chapter 6, pages 163-192, Edward Elgar Publishing.
    15. Paulo Augusto P. de Britto, 2004. "Sovereign Debt: Default, Market Sanction, and Bailout," Econometric Society 2004 Latin American Meetings 237, Econometric Society.
    16. Michele Fratianni & John Pattison, 2002. "International Financial Architecture and International Financial Standards," The ANNALS of the American Academy of Political and Social Science, , vol. 579(1), pages 183-199, January.
    17. Andreas Hausknecht, 1999. "Die asiatische Krise und der Internationale Währungsfonds," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 68(1), pages 118-125.
    18. Haibin Zhu, 2000. "Optimal Bank Runs without Self-Fulfilling Prophecies," Econometric Society World Congress 2000 Contributed Papers 1753, Econometric Society.
    19. ., 2014. "The global financial crisis: some suggestions for reform of the global financial system in the light of Islamic finance," Chapters, in: Morality and Justice in Islamic Economics and Finance, chapter 8, pages 239-264, Edward Elgar Publishing.
    20. Adrian Penalver, 2004. "How can the IMF catalyse private capital flows? A model," Bank of England working papers 215, Bank of England.

    More about this item

    Keywords

    IMF;

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

    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:psl:moneta:2000:11. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Carlo D'Ippoliti (email available below). General contact details of provider: http://www.economiacivile.it .

    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.