The Role of the International Monetary Fund in Promoting Price Stability

1960 ◽  
Vol 7 (3) ◽  
pp. 319
Author(s):  
Walter R. Gardner
Keyword(s):  
International Monetary Fund ◽  
Price Stability ◽  
The International Monetary Fund

scholarly journals The Role of the International Monetary Fund After the 2008 Crisis

2019 ◽  
Vol 10 (1) ◽  
pp. 60
Author(s):  
Marco Mele ◽  
Floriana Nicolai
Keyword(s):  
Foreign Exchange ◽  
United Arab Emirates ◽  
International Monetary Fund ◽  
Foreign Exchange Market ◽  
Exchange Market ◽  
Governance Reform ◽  
Extensive Introduction ◽  
The 2008 Financial Crisis ◽  
The International Monetary Fund

The purpose of this paper is to analyze the changes in the functions of the International Monetary Fund after the 2008 financial crisis. Following an extensive introduction concerning the subject of the study and which covers part of the economic literature, the focus was on governance reform and surveillance in the foreign exchange market. Finally, the empirical analysis was carried out concerning the manipulation of exchange rates in a period ranging from 2008-2016 and 15 countries (Taiwan, South Korea, Israel, China, Thailand, Macao, Switzerland, Hong Kong, Singapore, Norway, Qatar, United Arab Emirates, Kuwait, Trinidad and Tobago and Saudi Arabia) that in the period considered massively intervened in the foreign exchange market, keeping their respective currencies undervalued and acquiring an unfair competitive advantage to the detriment of partner economies. The results would tend to confirm that the manipulation of the exchange rate is a persistent and lasting element of the currency policies of the new millennium, highlighting an active insufficiency of the IMF’s action in the exercise of the oversight function on the currency policies of the Members.

The International Politics of African Debt

1987 ◽  
Vol 35 (1) ◽  
pp. 1-17 ◽  
Author(s):  
Trevor Parfitt ◽  
Stephen Riley
Keyword(s):  
World Bank ◽  
International Monetary Fund ◽  
Significant Role ◽  
International Politics ◽  
African Countries ◽  
Policy Paper ◽  
External Indebtedness ◽  
Policy Direction ◽  
The International Monetary Fund

This paper assesses the international politics of Africa's growing external indebtedness and the pressures for policy direction that it produces. After the scale and character of the problem has been assessed, the paper looks, first, at the increasingly significant rôle of the International Monetary Fund (IMF) within Africa. The nature of external policy direction is then examined, particular attention being paid to the influential World Bank policy paper, the Berg Report. Its policy prescriptions are assessed in the light of conditions in several African countries. The paper concludes by examining alternatives to IMF policy direction, including default and collective disengagement.

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