A role for the International Monetary Fund in economic development
The work argues that while much of the International Monetary Fund’s traditional role in overseeing the international financial system has disappeared, at least temporarily, its role in fostering world economic development has taken on a new urgency and importance. By providing financial assistance...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-10-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10755 |
| _version_ | 1811172446189912064 |
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| author | G. BIRD |
| author_facet | G. BIRD |
| author_sort | G. BIRD |
| collection | DOAJ |
| description | The work argues that while much of the International Monetary Fund’s traditional role in overseeing the international financial system has disappeared, at least temporarily, its role in fostering world economic development has taken on a new urgency and importance. By providing financial assistance to those largely non-oil developing countries in deficit, the Fund can complement the private international banks and increase the stability of the world’s financial system. The author briefly summarises the existing situation and identifies some of its weaknesses before putting forward suggestions to remedy these deficiencies and examining their implications.
JEL: G23, F33, F35
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| first_indexed | 2024-04-10T17:30:12Z |
| format | Article |
| id | doaj.art-52e2ddbdb3f64177b7c672f537db73bf |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:30:12Z |
| publishDate | 2013-10-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-52e2ddbdb3f64177b7c672f537db73bf2023-02-03T16:47:37ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-10-013514310.13133/2037-3643/10755A role for the International Monetary Fund in economic developmentG. BIRDThe work argues that while much of the International Monetary Fund’s traditional role in overseeing the international financial system has disappeared, at least temporarily, its role in fostering world economic development has taken on a new urgency and importance. By providing financial assistance to those largely non-oil developing countries in deficit, the Fund can complement the private international banks and increase the stability of the world’s financial system. The author briefly summarises the existing situation and identifies some of its weaknesses before putting forward suggestions to remedy these deficiencies and examining their implications. JEL: G23, F33, F35 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10755IMFeconomic developmentworld financial systemstability |
| spellingShingle | G. BIRD A role for the International Monetary Fund in economic development PSL Quarterly Review IMF economic development world financial system stability |
| title | A role for the International Monetary Fund in economic development |
| title_full | A role for the International Monetary Fund in economic development |
| title_fullStr | A role for the International Monetary Fund in economic development |
| title_full_unstemmed | A role for the International Monetary Fund in economic development |
| title_short | A role for the International Monetary Fund in economic development |
| title_sort | role for the international monetary fund in economic development |
| topic | IMF economic development world financial system stability |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10755 |
| work_keys_str_mv | AT gbird arolefortheinternationalmonetaryfundineconomicdevelopment AT gbird rolefortheinternationalmonetaryfundineconomicdevelopment |