International Monetary Fund (IMF)

Knowledge

News

Discussions proposed on economic growth

The Bretton Woods Project has been working with Both ENDS and other organisations to discuss a possible meeting to discuss the fundamental way that the World Bank/IMF measure development: economic growth.

15 September 1998

Finance

News

IMF hints at U-turn on capital controls

There are signs that the IMF may be reconsidering its stance that all capital flows are harmful.

15 September 1998

Finance

News

“New debt crisis”

Investors’ growing aversion to risk is leading to a general withdrawal of finance from many Southern countries.

15 September 1998

Conditionality

News

ESAF review: new IMF strategy urged

More flexibility and a new approach was suggested in the external review of the Enhanced Structural Adjustment Facility (IMF loans to poorer countries) published in March.

15 April 1998

IFI governance

News

Policing the policemen

The IMF has been urged to be more transparent and accountable by a US Study Group convened by the Centre of Concern, and by the UK Chancellor.

15 April 1998

Finance

News

Preventing private sector debt crises

In addition to extending the IMF’s role, its governors have been examining measures to prevent future financial sector crises.

15 April 1998

Finance

News

UK pushing controversial new IMF powers

The UK government is leading the effort to enable the IMF to pursue capital account liberalisation (CAL) in its member countries.

15 April 1998

Rights

News

IMF PR tour

The IMF is holding a meeting in late May in Ghana to explain its strategy to NGOs there.

15 April 1998

IFI governance

News

Sibling rivalry: can the Fund and Bank cooperate?

UK Secretary of State for International Development Clare Short told the Financial Times in April: “We are in a very silly situation. The international institutions are meant to be complementary, but the IMF keeps charging around taking other peoples’ jobs in areas where it is not necessarily competent”.

15 April 1998

Finance

News

IMF criticism grows as S. E. Asia Crisis Worsens

Doubts about the IMF’s capacity to deal with international currency problems are mounting as the South East Asian crisis worsens despite the IMF’s bail-out efforts.

15 January 1998

Finance

News

Aiding banks or people?

The IMF’s interventions have again raised discussions of who bears the burden of financial crises.

15 January 1998

Finance

News

US NGOs battle to stop quota funds

The 50 Years is Enough alliance of NGOs took to Washington’s streets in January to protest about US funding for the IMF and its bailout of the Asian economies.

15 January 1998