Cargando…

Silent revolution : the International Monetary Fund, 1979-89 /

This volume, fourth in a series of periodic histories of the institution, is as much a history of the world economy during 1979-89 as one of the IMF itself. Boughton discusses the IMF's surveillance of the international monetary system in the 1980s; the Fund's role in the international deb...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Boughton, James M. (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington, D.C. : International Monetary Fund, [2001]
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Foreword
  • Preface
  • List of Abbreviations
  • 1. The Silent Revolution
  • Revolution or Evolution?
  • Leadership at the IMF
  • At the Precipice of the 1980s
  • Evolution and Revolution in the 1980s
  • At the Brink of the 1990s
  • Appendix: Chronology, 1979-89
  • References
  • I. Revolutions in the International Monetary System
  • 2. On the Map: Making Surveillance Work
  • Implementing Article IV: The Principles of Surveillance
  • Assessing Exchange Rate Levels and Policies
  • Establishing Effective Procedures
  • Reducing Exchange Restrictions.
  • Appendix: Principles and Procedures of Surveillance
  • References
  • 3. Seeking Symmetry: Article IV and the Largest Industrial Countries
  • United States
  • Japan
  • Germany
  • France
  • United Kingdom
  • References
  • 4. Policy Cooperation: The Fund and the Group of Seven
  • ""In His Personal Capacity"": 1982-84
  • Cooperation and Coordination: 1985-87
  • Life After the Louvre: 1987-89
  • References
  • 5. Keeping Score: The World Economic Outlook
  • Evolution of the WEO Exercise
  • Key Policy Issues in the WEO
  • Forecasting Process
  • Modeling the World Economy
  • Evaluation
  • References.
  • II. Revolutions in Managing International Debt
  • 6. Crisis and Strategy
  • Overview
  • Managing the Debt Crisis: A Summary of Part II
  • References
  • 7. The Mexican Crisis: No Mountain Too High?
  • Smoldering Embers, 1979-81
  • Mounting Concerns: The 1981-82 Consultations
  • The Crisis Erupts: August 1982
  • Negotiating the Program: August-November 1982
  • Commitment from Commercial Banks: November-December 1982
  • Approval of the EFF Program: December 1982
  • Completing the Package: January-March 1983
  • References
  • 8. The Crisis Erupts
  • Prelude: Crisis in Eastern Europe.
  • In Concert: Crisis in Latin America
  • References
  • 9. Containing the Crisis, 1983-85
  • Mexico
  • Brazil
  • Argentina
  • Debt Strategy Through 1985
  • References
  • 10. Growth, the Elusive Goal: 1985-87
  • The Baker Plan
  • Enhanced Surveillance
  • Stand-By Arrangement with Mexico
  • Brazil: From the Cruzado Plan to Default
  • Argentina: After the Austral Plan
  • References
  • 11. Debt Denouement, 1987-89
  • Toward Debt Relief: Turning the Titanic
  • Pre-Brady Debt Relief: Two Case Studies
  • The Brady Plan
  • Debt Reduction Programs in the Fund.
  • Adjustment Without Relief: Argentina and Brazil
  • Appendix: Fund Policy on Financing Assurances and Arrears
  • References
  • 12. Case by Case: A Retrospective on the Debt Strategy
  • Was the Debt Crisis One of Solvency and Not Liquidity?
  • Did the IMF Serve the Interests of Banks and Not Its Member Countries?
  • Did the IMF Recognize the Need for Debt Relief?
  • Was the Debt Strategy Consistent with the IMF's Mandate?
  • Was There Enough Coordination with the World Bank?
  • Was the Adjustment Strategy Appropriate for Latin America?
  • Should the IMF Have Been Willing to Write Down Its Claims?