Sunday , February 23 2020
Home / Project Syndicate / A Reform Opportunity for the IMF

A Reform Opportunity for the IMF

Summary:
Christine Lagarde’s departure from the helm of the International Monetary Fund represents a golden opportunity to put the institution on a path toward a more effective, constructive, and inclusive future. What should her successor's priorities be? NEW YORK – This month marks the 75th anniversary of the signing of the Bretton Woods agreement, which established the International Monetary Fund and the World Bank. For the IMF, it also marks the start of the process of selecting a new managing director to succeed Christine Lagarde, who has resigned following her nomination to be European Central Bank president. There is no better moment to reconsider the IMF’s global role. Asia’s Scary

Topics:
José Antonio Ocampo considers the following as important:

This could be interesting, too:

Scott Sumner writes Brainard on monetary policy reform

Scott Sumner writes A few comments on Parasite

Bradford DeLong writes Brad DeLong's Grasping Reality 2020-02-23 00:18:41

Bradford DeLong writes Brad DeLong's Grasping Reality 2020-02-23 00:16:08

Christine Lagarde’s departure from the helm of the International Monetary Fund represents a golden opportunity to put the institution on a path toward a more effective, constructive, and inclusive future. What should her successor's priorities be?

NEW YORK – This month marks the 75th anniversary of the signing of the Bretton Woods agreement, which established the International Monetary Fund and the World Bank. For the IMF, it also marks the start of the process of selecting a new managing director to succeed Christine Lagarde, who has resigned following her nomination to be European Central Bank president. There is no better moment to reconsider the IMF’s global role.

The most positive role that the IMF has played throughout its history has been to provide crucial financial support to countries during balance-of-payments crises. But the conditionality attached to that support has often been controversial. In particular, the policies that the IMF demanded of Latin...

Leave a Reply

Your email address will not be published. Required fields are marked *