IMF lending practices respond to economic conditions but are also sensitive to political-economy variables. Specifically, the sizes and frequencies of loans are

Assessments of exchange rate misalignments and external imbalances for low-income countries are challenging because methodologies developed for advanced and eme

Critics are challenging the traditional role of the IMF to facilitate development and alleviate poverty, viewing policies as doctrinaire and in need of change t

A recovery is underway, but the economic fallout from the global pandemic could be with us for years to come. With the crisis exacerbating prepandemic vulnerabi

This pamphlet is adapted from Chapter 1 of Silent Revolution: The International Monetary Fund, 1979-89, by the same author. That book is full of history of the