Mandato e Attività del Fondo Monetario Internazionale

The Mandate and the Activity of the International Monetary Fund

Gianluca Cafiso

MPRA Paper from University Library of Munich, Germany

Abstract: This paper explains the evolution of the International Monetary Fund’s mandate and discusses its role in supporting countries experiencing a macroeconomic crisis. We consider the conditionality attached to its loans and why it is convenient in some regards. Even though its operations and functioning raise many criticisms, we argue that the Fund is a necessary institution because it acts opposite to capital markets when it is necessary.

Keywords: International Monetary Fund; Conditionality; Structural Adjustment Programs. (search for similar items in EconPapers)
JEL-codes: F02 F33 F34 (search for similar items in EconPapers)
Date: 2002-12
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:28272

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