IDEAS home Printed from https://ideas.repec.org/h/spr/stechp/978-4-431-55351-9_2.html
   My bibliography  Save this book chapter

U.S. International Monetary Policy for the IMF

In: History of the IMF

Author

Listed:
  • Isao Suto

    (Meiji University)

Abstract

“Everywhere else in the world, though, politicians and businessmen insist that one of the biggest problems with the I.M.F. is that, contrary to the view of Congress, it acts as the United States Treasury’s lap dog. Ask in Jakarta or Moscow, and the response is the same: The fund never ventures far without looking back for the approving nod of its master” (Sanger 1998). These joint efforts by the U.S. government and the International Monetary Fund (hereinafter Fund or IMF) are predicated on the idea of Neoliberalism or the Washington Consensus that supports a free and open global market economy. On the other hand, international financial institutions such as the IMF and the Bank for International Settlements (BIS) are considered to have taken a position between the market and nation states, and they have comprehensive visions for the world economy. Thus the U.S. could not completely control the Bretton Woods institutions, and the IMF retained considerable autonomy as an international institution.

Suggested Citation

  • Isao Suto, 2015. "U.S. International Monetary Policy for the IMF," Studies in Economic History, in: Kazuhiko Yago & Yoshio Asai & Masanao Itoh (ed.), History of the IMF, edition 127, chapter 0, pages 25-45, Springer.
    • Handle: RePEc:spr:stechp:978-4-431-55351-9_2
    DOI: 10.1007/978-4-431-55351-9_2
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:spr:stechp:978-4-431-55351-9_2. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    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.