Beschreibung:
The debt crisis in Latin America has rekindled debate about the effects of the IMF's stabilization programs in the Third World. Dr. Pastor argues that the traditional growth-oriented critique is theoretically misplaced, and he recasts Fund activities in terms of class and income distribution.
l I WHAT IS THE IMF? 2 I THE IMF AND THE WORLD ECONOMY, 3 I THE EFFECTS OF IMF 'PROGRAMS: ALTERNATIVE MODELS 4 I THE EFFECTS OF IMF PROGRAMS: EMPIRICAL EVIDENCE