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Title The International Monetary Fund : financial medic to the world? : a primer on mission, operations, and public policy issues / edited by Lawrence J. McQuillan and Peter C. Montgomery.
Imprint Stanford, Calif. : Hoover Institution Press, 1999.

 BLUFFTON BOOK  HG3881.5.I58 I574 1999    AVAILABLE  
 BLUFFTON BOOK  HG3881.5.I58 I574 1999    AVAILABLE  
Subject International Monetary Fund.
Alt Name McQuillan, Lawrence J., 1961-
Montgomery, Peter C.
Description xvii, 245 pages : illustrations ; 23 cm
Bibliography Note Includes bibliographical references and index.
ISBN 0817996427
OCLC # 40723617
Table of Contents
 List of Figures and Tables 
 Preface / John Raisian 
Pt. 1The Origins and Operations of the International Monetary Fund1
  The History of the International Monetary Fund4
  The International Monetary Fund: Background and Purposes / Leland B. Yeager5
  The International Monetary Fund at a Glance8
  What Is the International Monetary Fund? International Monetary Fund9
   International Monetary Fund Quotas and the Federal Budget / Lawrence J. McQuillan20
   Runaway Agency or U.S. Pawn? / David E. Sanger22
   Time for a New Bretton Woods / Judy Shelton24
   A Bad Side of Bailouts: Some Go Unpenalized / Louis Uchitelle28
   The IMF's Big Wealth Transfer / David Sacks, Peter Thiel31
   Why Should the IMF Lend at Subsidized Interest Rates? / Roland Vaubel34
Pt. 2The Effectiveness of International Monetary Fund Financing Programs39
  The Macroeconomic Effects of Fund-Supported Adjustment Programs / Mohsin S. Khan43
  Eligibility for IMF Credits / Roland Vaubel53
  Why the IMF Is Ineffective / Bryan T. Johnson, Brett D. Schaefer55
  IMF, Reform Thyself / Jeffrey D. Sachs57
Pt. 3The Role of Conditionality61
  Conditionality Overview65
  Brief History of Fund Conditionality / Scott R. Sidell66
  Conditionality: Fostering Sustained Policy Implementation International Monetary Fund68
  Recent Experience with Conditionality / Sebastian Edwards72
  Problems with Conditionality / Doug Bandow78
  Conditionality in Practice / Roland Vaubel84
  The IMF Wrinkle Wall Street Journal Editorial87
  Guess Who Calls the Tune at IMF? / Bob Russell89
Pt. 4Recent International Monetary Fund Financing Initiatives91
   On Both Sides of the Border, Peso Ills Were Long Ignored / David E. Sanger, Anthony DePalma96
   Mexican Handout: Bailing Out the Creditor Class / Walker F. Todd99
   The Case for Mexico's Rescue: The Peso Package Looks Even Better Now / Bradford De Long, Christopher De Long, Sherman Robinson104
   What to Expect from IMF? Look at Mexico / Ian Vasquez, L. Jacoba Rodriguez110
   The IMF Doesn't Put Out Fires. It Starts Them / Robert J. Barro112
  East Asia 
   Power unto Itself / Jeffrey D. Sachs115
   The IMF Crisis Wall Street Journal Editorial119
   The Bad News about Bailouts / Lawrence B. Lindsey123
   Markets to the Rescue / Milton Friedman126
   Critics: The IMF Is Misguided. Skeptics: Too Much Rot in Asia / Peter Passell131
   Rubin Prescribes Tight Money for Asia / Bob Davis133
   The Miscalculations: Ignoring Politics and Safety Nets / David E. Sanger136
   Rule of the Ruble / Jeffrey D. Sachs138
   IMF "Salvation" in Russia? / Bernard Sanders141
   Russia's Latest Bailout: How High the Moon? / George Melloan143
   A Needed, but Risky, Bailout New York Times Editorial146
   Who Lost Russia? Pushing an Accord That Fell Apart / David E. Sanger147
   Lessons from a Crisis / Stanley Fischer149
Pt. 5Mission Creep159
  Criticisms of the Expanding Role of the International Monetary Fund163
  IMF Loans to Rights Violators Are Attacked in Congress / David E. Sanger164
  So Much Aid for Suharto / Jim Hoagland166
  Repressive Regimes Shouldn't Get a Loan / Jerome I. Levinson169
  Radical Proposals for Change in the Fund's Objectives / John Williamson172
  IMF Crackdown on Corruption in Projects / Chidanand Rajghatta174
  IMF Unlikely to Resume Loans to Kenya Soon / Robert Shaw175
  Kenya's Mismanagement Is Detailed / Paul J. Deveney178
  The Fund and the Debt Crisis: Some Political Angles / Sebastian Edwards179
  Mr. Yeltsin's Flexible Friend The Economist Editorial180
  A Watchful IMF / John Odling-Smee184
  IMF and the Russian Missiles / J. Michael Waller186
  What's an IMF For? Wall Street Journal Editorial189
Pt. 6Abolish the International Monetary Fund?193
 Overview of the Pros and Cons of International Monetary Fund Intervention196
  Who Needs the IMF? / George P. Shultz, William E. Simon, Walter B. Wriston197
   The Indispensable IMF / Paul Krugman200
   Which Way for the IMF? / Jim Hoagland202
  Why America Needs the IMF / Lawrence Summers205
   Who Needs the IMF? / Jack Kemp209
  Who Needs the IMF? / James K. Glassman211
   The Mission of the IMF / William Lassetter, Shailendra J. Anjaria214
   Give the IMF Some Credit / Robert Solomon216
  Why We Need the IMF / Robert J. Samuelson218
  Time to Terminate the IMF / Anna J. Schwartz221
  Why We Need the IMF / David Rockefeller223
  Kill the IMF / Doug Bandow227
AppBalance of Payments Deficits and IMF Adjustment Programs230
 Selected Bibliography232

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