Regulatory Failure and the Global Financial Crisis
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Regulatory Failure and the Global Financial Crisis

An Australian Perspective

Edited by Mohamed Ariff, John H. Farrar and Ahmed M. Khalid

This fascinating book presents a lively discussion of key issues resulting from the recent financial crisis. The expert contributors explore why the global financial crisis occurred, how it destroyed wealth, triggered mass unemployment and created an unprecedented loss of control on employment, monetary policy and government budgets.
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Chapter 13: Should We Stop the IMF from Doing What it Should Not Do? A Radical Idea

Ross P. Buckley

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13. Should we stop the IMF from doing what it should not do? A radical idea Ross P. Buckley 13.1 INTRODUCTION The International Monetary Fund (IMF) was established to facilitate the management of a global fixed exchange rate regime. That role larg...

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