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An Analysis of Drawings on the International Monetary Fund by Developing Countries

Graham Bird

Chapter 6 in Managing Global Money, 1988, pp 104-112 from Palgrave Macmillan

Abstract: Abstract The nature of relations between the IMF and developing countries has come under close scrutiny in recent years. This has partly been the result of the deteriorating economic situation in which a large number of non-oil developing countries have found themselves, a situation characterised by falling rates of economic growth, increasing balance-of-payments deficits, and rising debt service ratios; and partly it has resulted from the particular, but public experiences of a number of developing countries such as Jamaica, Peru and Tanzania in their dealings with the Fund.

Keywords: Exchange Rate; International Monetary Fund; Private Capital; Special Facility; Fund Resource (search for similar items in EconPapers)
Date: 1988
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DOI: 10.1007/978-1-349-09588-9_6

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