The Roles of International Financial Institutions: A Latin American Reassessment

Patricio Meller

Chapter 10 in The International Monetary and Financial System, 1996, pp 245-271 from Palgrave Macmillan

Abstract: Abstract There have been deep political and economic changes over the past 50 years. Should organizations like the international financial institutions (IFIs) created in 1944 be restructured? Are the objectives specified for the IMF and the World Bank during the 1940s still valid in the 1990s? There have been changes through time in the roles and objectives of the IFIs; moreover, we now live in a different world where ‘new’ ways of thought prevail. Do the IFI changes correspond to world changes?

Keywords: Government Expenditure; Latin American Country; Exchange Rate Regime; Adjustment Programme; Fiscal Deficit (search for similar items in EconPapers)
Date: 1996
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DOI: 10.1007/978-1-349-24414-0_10

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