IMF and economic development

Vreeland, James Raymond

IMF and economic development - New York Cambridge University Press 2003 - xii, 203p 23 cm ; Pbk

Rs.995/-

1. Introduction; 2. Analytically significant cases; 3. An analytical approach to the politics of IMF agreements; 4. Testing the selection story; 5. The effect of IMF programs on economic growth; 6. Distributional consequences of IMF programs; 7. Conclusion; Appendices; References; Index

This book argues that governments enter IMF programs for economic and political reasons, and finds that the effects are negative. For certain constituencies, IMF policies dampen the effects of bad economic performance by redistributing income. But IMF programs lower growth and shift the income distribution upward.

978-0521016957


Economic Development
Economic Policy
International Monetary Fund

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