TITLE

The IMF at 60

PUB. DATE
December 2004
SOURCE
OECD Observer;Dec2004/Jan2005, Issue 246/247, p50
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article presents information on the International Monetary Fund (IMF), which has turned 60 in the year 2004. The IMF is both one of the most important and most criticized global institutions in today's world. For some, it is a rigid organization which has frequently obstructed development in developing countries, and which bears heavy responsibility for the severity of the East Asian and Russian crises. At the founding Bretton Woods, New Hampshire conference in 1944, the overriding concern was to create a financial system which would guard against the competitive devaluations of the 1930's.
ACCESSION #
16868051

 

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