Books  Sustainable Development  Aid & North/South Issues 

IMF Programmes in Developing Countries: Design and Impact

By: T Killick


Paperback | Dec 1995 | #64733 | ISBN: 0415130409
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NHBS Price: £37.99 $46/€42 approx

About this book

The International Monetary Fund is the centre of a global financial system that encourages budgetary discipline and full integration into world trade to facilitate development and alleviate poverty. Yet this policy "conditionality" of the IMF is highly controversial. Critics state that 50 years of IMF existence has been "50 years too long", and that its doctrinaire policy must change or Fund programmes will have only limited ability to achieve their objectives. This book examines the arguments, tracing the extent of Fund adaptation, presenting major new evidence on the consequences of Fund programmes, and considering its future role.


1. Starting Points Appendix: The Facilities of the IMF 2. Continuity and Change in IMF Programme Design, 1982-92 3. Programme Effects: What Can We Know? 4.Issues in the Design of IMF Programmes 5. Conclusion: Is Fifty Years Enough?

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