Author : Bessma Momani
Publisher : John Wiley & Sons
ISBN 13 : 1509509704
Total Pages : 256 pages
Book Rating : 4.5/5 (95 download)
Book Synopsis What's Wrong With the IMF and How to Fix It by : Bessma Momani
Download or read book What's Wrong With the IMF and How to Fix It written by Bessma Momani and published by John Wiley & Sons. This book was released on 2017-11-27 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF stands at a crossroad. Derided as increasingly irrelevant in the first decade of the new millennium, the Fund has had its power and prestige restored by the fallout from the 2008 global financial crisis. But will the resurgent IMF assert a more just and sustainable macroeconomic model and provide a voice for poor and marginalized people around the globe? Or will enduring weaknesses within the IMF mean it fails to address these issues? In this book, Bessma Momani and Mark R. Hibben dissect the variables and institutional dynamics at play in IMF governance, surveillance, lending, and capacity development to expose the fundamental barriers to change. Identifying four areas that could “fix” the IMF, they show how these genuine and workable solutions can give the IMF the effectiveness and legitimacy it needs to positively shape twenty-first-century global governance and push back against volatile and regressive forces in the international political economy.