The Governance of the International Monetary Fund at Age 75
In joining the IMF, countries agreed to fixed-but-adjustable exchange rates, with the IMF monitoring their balance of payments and providing short-term financing to off-set temporary imbalances. Over the past seven decades, the IMF has undergone many reforms and now plays a vital role in providing guard rails for the world economy, especially in times of crises. In this article for the
Brookings Institution, Brahima Sangafowa Coulibaly and
Kemal Dervis examine the IMF’s governance structure and suggest ways of improving it to ensure that the institution remains fit for purpose.
https://www.brookings.edu/blog/future-development/2019/07/01/the-governance-of-the-international-monetary-fund-at-age-75/
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