The IMF Under Strain

Chinn, Menzie
February 1981
Harvard International Review;Feb1981, Vol. 3 Issue 5, p18
Academic Journal
The article reports on the problem encountered by the International Monetary Fund (IMF) with the economy and social progress of less developed countries (LDC). The surplus of trade by the Organization of Petroleum Exporting Countries offered a threat to developing countries and the international banking system. The problems include economic development for advancing energy prices and stability of the IMF system. Yet, export development contributes in finding solutions to LDC financing problems.


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