Intervention versus Regulation: The Role of the IMF in Crisis Prevention and Management.
This paper examines the most effective role for the IMF in an increasingly volatile global capital market. The Bretton Woods system experience and its successor "non-system" is reviewed, and the resultant institutional structure contrasted with the implicit need for public action to resolv...
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Format: | Working paper |
Language: | English |
Published: |
Levy Economic Institute
1996
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