Macroeconomic Policy and the International Monetary Fund

Graham Bird

Chapter 11 in International Macroeconomics, 1998, pp 153-159 from Palgrave Macmillan

Abstract: Abstract In Chapter 9 we saw that following the peso crisis in 1995 Mexico was forced to turn to the International Monetary Fund (IMF) for assistance. Mexico had in fact had a fairly lengthy involvement with the IMF prior to the peso crisis. Such involvement has not been untypical for developing countries, nor, since the early 1990s, for countries in transition (CITs) from centrally-planned to market-based economic systems. But what macroeconomic policy advice does the IMF provide, and is it possible to analyse it using the international macroeconomics that has been introduced in this book?

Keywords: Exchange Rate; Monetary Policy; International Monetary Fund; Real Exchange Rate; Macroeconomic Policy (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37229-0_11

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DOI: 10.1057/9780230372290_11

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