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Reforming the governance of the imf and the world bank, 


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Название:  Reforming the governance of the imf and the world bank
ISBN: 9781843312116
Издательство: Anthem press
Классификация:
ISBN-10: 1843312115
Обложка/Формат: Paperback
Страницы: 328
Вес: 0.57 кг.
Дата издания: 24.10.2005
Серия: Anthem frontiers of global political economy
Язык: English
Иллюстрации: 1, black & white illustrations
Размер: 158 x 235 x 19
Читательская аудитория: Professional & vocational
Рейтинг:
Поставляется из: США
Описание:

Sixty years after their creation, the Bretton Woods institutions face a crisis of legitimacy that impairs their credibility and effectiveness. At the roots of this crisis lies the unrepresentative nature of their structure of governance, which places control of the institutions in the hands of a small group of industrial countries that do not use its resources. Developing countries and economies in transition are considered to be minor partners, despite accounting for half of the worlds output in real terms, most of the worlds population and encompassing the most dynamic economies and the largest holders of international reserves. The quota formulas should reflect the size of the economies of members, i.e. their GDP, their exposure to trade and capital movements as well as their ability to contribute to the Fund. If IMF quotas were based on objective measures, i.e. size of GDP, the volatility of receipts, the adjustment of European quotas for intra-trade and trade in a single currency in the euro area, the quota share of developing countries and economies in transition as a group should be no less than that of industrial countries. Reality has outpaced the evolution of thinking on the subject of governance. The growing breach between world economic and financial realities and the governance structure of the Bretton Woods institutions argues for reforms to increase the effectiveness and restore the legitimacy of these institutions. As debtors, the European countries had resisted conditionality during the first decades of the IMF and favoured increasing Fund resources, but as their situation changed, they no longer resorted to IMF support and they changed their position. Similar problems appear in the World Bank, giving rise to large negative flows of resources from the developing countries. The papers included in this book cover different aspects of the governance of the Bretton Woods institutions. They explore different options for reform and show that enhancing the participation of developing and emerging market countries in resolving the major monetary and financial problems confronting the world economy, would improve global economic performance and contribute to the elimination of world poverty.



World Bank and IMF Activities in Africa - Scholar`s Choice Edition

Название: World Bank and IMF Activities in Africa - Scholar`s Choice Edition
ISBN: 1296010880 ISBN-13(EAN): 9781296010881
Издательство: Неизвестно
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Цена: 25440.00 T
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This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.

This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.

As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.


Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers

Автор: Toussaint Eric, Millet Damien
Название: Debt, the IMF, and the World Bank: Sixty Questions, Sixty Answers
ISBN: 1583672230 ISBN-13(EAN): 9781583672235
Издательство: Неизвестно
Цена: 81850.00 T
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Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct "free-market"policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. Integral to this arrangement are the international economic institutions ostensibly created to safeguard the stability of the global economy--the International Monetary Fund (IMF) and the World Bank--and the imposition of massive foreign debt on poor countries. The authors explain in simple language, and ample use of graphics, the multiple contours of this exploitative system, its history, and how it continues to function in the present day.
Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectives--legal, economic, moral. Presented in an accessible and easily-referenced question and answer format, Debt, the IMF, and the World Bank is an essential tool for the global justice movement.



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