The IMF and its Critics Reform of Global Financial Architecture [Paperback]

An essential reference for anyone interested in the role of international financial institutions in our globalised economy.Written by a team of leading economists this collection combines rigorous economic analysis with insider perspectives on key policy debates surrounding the role of the International Monetary Fund.Written by a team of leading economists this collection combines rigorous economic analysis with insider perspectives on key policy debates surrounding the role of the International Monetary Fund.Written by leading economists including Nobel laureate Joseph Stiglitz, this collection combines rigorous economic analysis with insider perspectives on key policy debates surrounding the future of the International Monetary Fund. As the role of the IMF and the Washington Consensus have come under intense scrutiny, this collection offers a valuable wide-ranging overview of the debate, making it an essential reference for anyone interested in the role of international financial institutions in our globalized economy.Introduction; 1. The IMF and international financial architecture: solvency and liquidity Christopher L. Gilbert, David Vines; 2. Progress towards greater international financial stability Andrew Crockett; 3. International coordination of macroeconomic policies: still alive in the new millennium? Lawrence H. Meyer, Brian M. Doyle, Joseph E. Gagnon, Dale W. Henderson; 4. The Report of the International Financial Institution Advisory Commission: comments on the critics Allan H. Meltzer; 5. Reforming the global financial architecture: just tinkering around the edges? Malcolm Knight, Lawrence Schembri, James Powell; 6. The IMF and capital account liberalisation Dominic Wilson; 7. How should the IMF view capital controls? Gregor Irwin, Christopher L. Gilbert, David Vines; 8. The resolution of international financial crises: an alternative framework Andrew G. Haldane, Mark Kruger; 9. Whose programme is it? Policy ownership and conditional lending James l“+