The International Monetary and Financial System

1. Front Matter

   Pages i-xviii

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2. Introduction

   1. Introduction

      • G. K. Helleiner

      Pages 1-11

3. Global Macroeconomic Management and the interests of Developing Countries

   1. Front Matter

      Pages 13-13

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   2. Implications for IMF Policies arising from Effects on Developing Countries of Industrial-Country Macroeconomic Policies

      • Azizali F. Mohammed

      Pages 15-27

   3. Global Macroeconomic Management and the Developing Countries

      • Yung Chul Park, Sangmoon Hahm

      Pages 28-51

4. International Liquidity, Capital Mobility and the Developing Countries

   1. Front Matter

      Pages 53-53

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   2. International Liquidity and the Needs of the World Economy

      • Ariel Buira

      Pages 55-84

   3. The Management of Capital Flows: Domestic Policy and International Cooperation

      • Guillermo A. Calvo

      Pages 85-132

5. Development Finance

   1. Front Matter

      Pages 133-133

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   2. Foreign Resource Flows and Financing of Development in Sub-Saharan Africa

      • Benno J. Ndulu

      Pages 135-156

   3. Financing Economic Development in Low-Income Countries

      • Joseph Abbey

      Pages 157-189

6. Issues in Transition and Adjustment and the International Financial Institutions

   1. Front Matter

      Pages 191-191

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   2. Structural Adjustment and Reform in Developing Countries

      • Montek S. Ahluwalia

      Pages 193-228

   3. Transition and International Financial Institutions

      • Dragoslav Avramovic

      Pages 229-241

7. Relations between the IMF, the World Bank and the Developing Countries

   1. Front Matter

      Pages 243-243

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   2. The Roles of International Financial Institutions: A Latin American Reassessment

      • Patricio Meller

      Pages 245-271

   3. IMF-World Bank Policy Advice: The Coordination/Cross-Conditionality Question

      • Roberto Junguito

      Pages 272-290

8. Governance Issues within the IMF and the World Bank

   1. Front Matter

      Pages 291-291

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   2. From Supplicants to Shareholders: Developing Countries and the World Bank

      • Moisés Naim

      Pages 293-323

   3. Governance of the Fund

      • Alexandre Kafka

      Pages 324-343

This book contains papers addressing the major problems and possible reforms in the international monetary and financial system from the perspective of developing countries. Among the issues addressed are global macroeconomic management, international liquidity, volatile private capital flows, structural adjustment, governance in the IMF and World Bank, the role of the regional development banks, and the potential for developing country cooperation.

• Developing Countries
• development
• Development Finance
• Economic Development
• macroeconomics
• regional development

• University of Toronto, Canada

  G. K. Helleiner

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