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Infotrac Reader
 
International Political Economy: Theories, National Security, and Interdependence (continued)
 
The IMF and the World Bank

These two institutions control much of the money lent to governments. They have had an especially large impact on countries in the South, where they determine the conditions countries must meet in order to obtain loans and funds for development projects. What are the controversies surrounding the IMF and the World Bank? What sorts of conditions do they impose on clients? In what ways have the IMF and World Bank changed in recent years? What positive roles do they fulfill? What challenges must they meet in the future?

Here are some articles to get you started. Find them through Keyword searches.

For more articles on this subject, enter:

"international monetary fund" in the Subject Guide, and then go to subdivision "analysis."

"international monetary fund" in the Subject Guide, and then go to subdivision "economic policy."

"international monetary fund" in the Subject Guide, and then go to subdivision "evaluation."

"World Bank" in the Subject Guide, and then go to subdivision "economic policy."

"World Bank" in the Subject Guide, and then go to subdivision "environmental policy."

Dirt out, cash in; Kenya, corruption and the IMF. Donors come back to Kenya
The Economist (US) Nov 29, 2003 v369 i8352 p44US (945 words)

Figuring the "Best Answer" at the IMF; Does the global lender of last resort err? "Sure," admits new Chief Economist Raghuram Rajan, "that goes with the territory". (NEWSMAKER Q&A)(Interview) Brian Hindo.
Business Week Online Oct 1, 2003 pNA (1443 words)

Budget deficits and inflation: the roles of central bank independence and financial market development. Bilin Neyapti.
Contemporary Economic Policy Oct 2003 v21 i4 p458(18) (10015 words)

Bank builder: Argentina has a new IMF deal and recovery is under way. Now Alfonso Prat-Gay can get on with restoring the central bank. (Latin America) Judith Evans.
Institutional Investor Oct 2003 v37 i10 p29(6) (4103 words)

Going for broke: Argentina extracted a favorable deal from the IMF but its victory could be short-lived if the country fails to address critical policy weaknesses. (International Monetary Fund) John Barham.
LatinFinance Oct 2003 i151 p19(3) (2077 words)

Hard or soft? Brazil, Argentina and the IMF. (International Monetary Fund)
The Economist (US) Sept 27, 2003 v368 i8343 p38US (1017 words)

The Maturing of Emerging Markets; The IMF's Gerd Haeusler talks about the reasons behind the resurgence in investment in these often-crisis-wracked countries. (Interview) Pete Engardio.
Business Week Online Sept 22, 2003 pNA (881 words)

Kirchner closes the kitty. (Nestor Kirchner)
Global Agenda Sept 10, 2003 pNA (1001 words)

A change of course: there are those who want to tear down the existing international financial structure altogether and start fresh; others believe the IMF and World Bank can be reformed to operate successfully in the 21st century. Wide gap, Keep it simple, Right order, Deadly crusade, Bury it
Canada and the World Backgrounder Sept 2003 v69 i1 pS29(6) (2232 words)

Free for all: developing countries yearning to grow have gotten fed up with being told how to run their economies by the IMF and the World Bank. In the post-Washington consensus era, development will be much more a have-it-your-own-way affair. (IMF/World Bank) Deepak Gopinath.
Institutional Investor International Edition Sept 2003 v28 i9 p115(7) (4790 words)

Support under stress: Anne Krueger, the IMF's second in command, is a hardline defender of orthodoxy. That may be too much for Latin American leaders who are more interested in returning their stagnant economies to growth. (International Monetary Fund, first deputy managing director) John Barham.
LatinFinance Sept 2003 i150 p4(1) (821 words)

Missing the mark: foreign aid to the Palestinians. Judy Barsalou.
Middle East Policy Winter 2003 v10 i4 p48(9) (4401 words)

Development: unthinking the past. Rethinking Development Keith Nurse.
NACLA Report on the Americas noviembre-diciembre 2003 v37 i3 p29(6) (3589 words)

World Bank Offers Funding for Unspecified Iraq Reconstruction.
The Oil Daily Oct 24, 2003 v53 i206 pITEM0329600C (683 words)

Passing the hat; Aid for Iraq; Can you spare a few billion?
Global Agenda Oct 23, 2003 pNA (746 words)

Should African countries liberalise at any cost? Restrictions on importation of goods that can be produced locally has become a matter of extreme urgency, writes Professor S.K.B Asante who rather wants African governments to arrogate to themselves the right to define their nations' economic interests, instead of leaving that to the play of market forces. (New African Market) S.K.B Asante.
New African Oct 2003 i422 p46(3) (1646 words)

Uganda, World Bank, and DFID launch sanitation campaign: sanitation project will seek to change hygiene behaviour among people in Uganda. (Dispatch)(Department For International Development ) Charles Wendo.
The Lancet August 30, 2003 v362 i9385 p716 (676 words)

Concentrating the mind: Jeremy Clift interviews professor Allan H. Meltzer. (People in Economics). (advocate of economic reform)(recommendations of International Financial Institution Advisory Commission)(Interview) Allan H. Meltzer. Finance & Development June 2003 v40 i2 p6(4) (2683 words)

Testing the links: how strong are the links between institutional quality and economic performance? Hall Edison. Finance & Development June 2003 v40 i2 p35(3) (1817 words)

Shipbuilding. (economic reform in developing countries) The Economist (US) May 3, 2003 v367 i8322 pNA (1918 words)

Global Public Goods, global programs, and global policies: some initial findings from a World Bank evaluation. (Proceedings). Uma Lele, Christopher Gerrard. American Journal of Agricultural Economics August 2003 v85 i3 p686(6) (3387 words)

ECUADOR: PRESIDENT LUCIO GUTIERREZ HAS SHORT HONEYMOON. (indigenous peoples protest new economic policy ) NotiSur - South American Political and Economic Affairs March 7, 2003 p0

The IMF's suffocating embrace. (Policy Perspectives). (International Monetary Fund)(Editorial) Alan Reynolds. World Trade Feb 2003 v16 i2 p10(2)

Resolved to ruin: the World Bank/IMF takeover, in four easy steps. (Annotation). Greg Palast. Harper's Magazine March 2003 v306 i1834 p48(4) Mag.Coll.: 113B0679.

ARGENTINA FINALLY HAS DEAL WITH INTERNATIONAL MONETARY FUND. NotiSur - South American Political and Economic Affairs Jan 24, 2003 p0

The IMF strikes back. (International Monetary Fund) Kenneth Rogoff. Foreign Policy Jan-Feb 2003 p39(8)

Good intentions gone awry. (Book Review). ("Globalization and its Discontents" by Joseph E. Stiglitz) Andres Hernandez Alende. Latin Trade Nov 2002 v10 i11 p70(2)

Maxed out: World Bank, other lending institutions express interest in massive Panama Canal expansion. (Cover Story). Robin Emmott. The Journal of Commerce Jan 13, 2003 v4 i2 p12(3)

The rich borrow and the poor repay: the fatal flaw in international finance. Ross P. Buckley. World Policy Journal Winter 2002 v19 i4 p59(6)

IMF proposals go too far ... and not far enough: the European, Japanese, Latin American and US Shadow Financial Regulatory Committees outline their view on the restructuring of international sovereign debt *. (Banking Services). The Banker Nov 2002 v152 i921 p81(2)

The Need For A New Financial Architecture. ROBERT E. LITAN, ANTHONY M. SANTOMERO. The International Economy Nov 2000 v14 i6 p14

BRETTON WOODS--ORIGINAL INTENTIONS AND CURRENT PROBLEMS. RAYMOND F. MIKESELL. Contemporary Economic Policy Oct 2000 v18 i4 p404

A PLAN, AND AN OPPORTUNITY, TO REMAKE THE IMF. Clive Crook. National Journal March 25, 2000 v32 i13 p933

What's Wrong with the IMF? What Would Be Better? ALLAN H. MELTZER. Independent Review Fall 1999 v4 i2 p201

The IMF and the World Bank: time to merge. James B. Burnham. The Washington Quarterly Spring 1999 v22 i2 p101(1)

Lender without limit: should the IMF be bigger or smaller - or somewhere in between? (International Monetary Fund)(Brief Article) The Economist (US) Oct 10, 1998 v348 n8089 p85(1)

In defense of the IMF. (International Monetary Fund)(response to 'Refocusing the IMF') Stanley Fischer.
Foreign Affairs July-August 1998 v77 n4 p103(4) Mag.Coll.: 95F1644.

A Bankruptcy Plan for Nations? IMF Deputy Managing Director Anne Krueger talks about that possibility for the world's developing countries. (NEWSMAKER Q&A)(Brief Article) (Interview) (Statistical Data Included) Business Week Online Sept 24, 2002 pNA

IMF chief blasts US, EU farm subsidies. (European Policy News). (Horst Koehler, head of the International Monetary Fund)(Brief Article) Agra Europe May 3, 2002 pEP/8(1)

The Mirage of progress: the economic failure of the last two decades of the twentieth century. Mark Weisbrot. The American Prospect Jan 1, 2002 v13 i1 pA10(3)

Northwest of Suez: The 1956 crisis and the IMF. James M. Boughton. International Monetary Fund Staff Papers Fall 2001 v48 i3 p425(22)

The winds of change. (International Monetary Fund/World Bank policies)(Brief Article)(Editorial) Michael Carroll. Institutional Investor International Edition Sept 2001 v26 i9 p9

The IMF's Dialogue with Nongovernmental Organizations. (International Monetary Fond) Flemming Larsen. Finance & Development March 2001 v38 i1 p54 Bus.Coll.: 131Z1891.

Money Reform. (international economic policy) STEVE H. HANKE. The International Economy Sept 2000 v14 i5 p29

The IMF and Global Financial Crises. Joseph Joyce. Challenge July 2000 v43 i4 p88 Mag.Coll.: 104L5967.

THE "Globalization" CHALLENGE. ROBERT E. LITAN. Brookings Review Spring 2000 v18 i2 p35 Bus.Coll.: 122W0502.

Those who can, do. Those who can't, teach. And those just plain incompetent, work as forecasters for the IMF. (Off The News). (economic forecasting at International Monetary Fund, Organization for Economic Cooperation and Development)(Brief Article) The International Economy Nov-Dec 2001 v15 i6 p6(1)

The International Monetary Fund Deters free capital flow. (Economics). Robert Krol. USA Today (Magazine) Nov 2001 v130 i2678 p26(3) Mag.Coll.: 109B0823.

EIGHT STEPS TO A NEW FINANCIAL ORDER. Alan S. Blinder. Foreign Affairs Sept-Oct 1999 v78 i5 p50 Mag.Coll.: 103C1427.

The Asian economic implosion: causes, dynamics, prospects. WALDEN BELLO. Race and Class Oct 1998 p133(1)

Comparing projections and outcomes of IMF-supported programs. Alberto Musso, Steven Phillips. IMF Staff Papers March 2002 v49 i1 p22(27)

BRETTON WOODS--ORIGINAL INTENTIONS AND CURRENT PROBLEMS. RAYMOND F. MIKESELL. Contemporary Economic Policy Oct 2000 v18 i4 p404

The World Bank in Turkey. (Annex VI). OECD Economic Surveys - Turkey Dec 2002 p192(5)

Has the World Bank lost its way? Au contraire ... Joanne Salop. Euromoney March 2000 p98

Toward a New Foreign Policy. (Brief Article) Soren Ambrose. Foreign Policy in Focus March 2000 v5 i4 p3

DEBT RELIEF. (Statistical Data Included) William Easterly. Foreign Policy Nov-Dec 2001 p20 Mag.Coll.: 110J4341.

Constructing an environmental state: Eco-governmentality and other transnational practices of a 'Green' World Bank. Michael Goldman. Social Problems Nov 2001 v48 i4 p499(25)

Warning: World Bank Policies Destroy Forests. Korinna Horta. Multinational Monitor June 2000 v21 i6 p13
 
         
         
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