The International Law and Politics of the Financial and Monetary System
Chapter 13: The International Monetary Fund and the world order
We examine the structure of the IMF, the voting power of states that are its members and the ability of the IMF to shape global economic conditions through its lending programs, surveillance of states, and the standards and codes it issues or endorses. We scrutinize the conditionality that IMF imposes on states in exchange for lending to them when they are in financial jeopardy, and the repercussions of that conditionality on the willingness of states to seek the IMF’s assistance.
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