Reforming the IMF for the 21st Century

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Peterson Institute, 2006 - Electronic books - 559 pages
 

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Contents

Introduction and Summary
1
Overview on IMF Reform
31
The IMF View on IMF Reform
127
The IMF Back to Basics
133
THE IMF AND THE INTERNATIONAL MONETARY SYSTEM
139
Currency Manipulation and Enforcing the Rules of the International Monetary System
141
Revamping the International Monetary System
157
Regional Arrangements and the International Monetary Fund
171
The Case for an IMF Insurance Facility
353
A ShockSmoothing Facility for the IMF
365
The Policy Support Instrument A Key Component of the Recent IMF Reform Movement
385
IMF Facilities for Poststabilization LowIncome Countries
391
Reflections on the Function and Facilities for IMF Lending
413
IMF FINANCIAL RESOURCES
455
Does the IMF Need More Financial Resources?
457
How Should IMF Resources Be Expanded?
471

The IMF and the Capital Account
185
GOVERNANCE OF THE IMF
199
Rearranging IMF Chairs and Shares The Sine Qua Non of IMF Reform
201
IMF Governance and the Political Economy of a Consolidated European Seat
233
Internal Governance and IMF Performance
257
A Latin American View of IMF Governance
271
A New Steering Committee for the World Economy?
279
IMF LENDING FACILITIES
293
The Case for a LenderofLastResort Role for the IMF
295
The Case Against the IMF as a Lender of Final Resort
315
A Stability and Social Investment Facility for HighDebt Countries
329
Is the SDR a Monetary Dodo? This Bird May Still Fly
483
MOVING FORWARD
493
The IMF Adrift on a Sea of Liquidity
495
IMF Reform Attaining the Critical Mass
501
The IMF in Perspective
513
IMF Reform A Chinese View
519
An IMF Reform Package
527
About the Contributors
541
Index
551
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