Hostname: page-component-78c5997874-t5tsf Total loading time: 0 Render date: 2024-11-05T13:43:41.730Z Has data issue: false hasContentIssue false

The International Monetary Fund and developing countries: a review of the evidence and policy options

Published online by Cambridge University Press:  22 May 2009

Graham Bird
Affiliation:
Professor of Economics at the University of Surrey, Guildford, England, and Director of the Surrey Centre for International Economic Studies.
Get access

Abstract

Image of the first page of this content. For PDF version, please use the ‘Save PDF’ preceeding this image.'
Type
Review Eassys
Copyright
Copyright © The IO Foundation 1996

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Bird, Graham. 1987. International financial policy and economic development. London: Macmillan.CrossRefGoogle Scholar
Bird, Graham. 1989. Loan-loss provisions and Third World debt. Essays in International Finance, no. 176. Princeton, N.J.: International Finance Section, Department of Economics, Princeton University.Google Scholar
Bird, Graham. 1990. The international financial regime and the developing world. In The international financial regime, edited by Bird, Graham. London: Surrey University Press and Academic Press.Google Scholar
Bird, Graham. 1994a. Changing partners: Perspectives and policies of the Bretton Woods institutions. Third World Quarterly 15:483502.CrossRefGoogle Scholar
Bird, Graham. 1994b. Economic assistance to low income countries: Should the link be resurrected? Essays in International Finance, no. 193. Princeton, N.J.: International Finance Section, Department of Economics, Princeton University.Google Scholar
Bird, Graham. 1994c. The myths and realities of IMF lending. The World Economy 17:759–78.CrossRefGoogle Scholar
Bird, Graham. 1995. IMF lending to developing countries: Issues and evidence. London: Routledge.Google Scholar
Bird, Graham. Forthcoming. The G–7's plans for the IMF: Have the challenges of the twenty-first century been met? Harvard Journal of World Affairs.Google Scholar
Bird, Graham, and Killick, Tony. 1995. The Bretton Woods institutions: A Commonwealth perspective. Commonwealth Economic Papers, no. 24. London: Commonwealth Secretariat.CrossRefGoogle Scholar
Bird, Graham, and Orme, Timothy. 1981. An analysis of drawings on the International Monetary Fund by developing countries. World Development 9:563–68.CrossRefGoogle Scholar
Bleaney, , Michael, , and Greenaway, David. 1993. Adjustment to external imbalance and investment slumps in developing countries. European Economic Review 37:577–85.CrossRefGoogle Scholar
Bretton Woods Commission. 1995. Report and background papers to the Bretton Woods Commission. In Bretton Woods: Looking to the Future. Washington, D.C.: Bretton Woods Committee.Google Scholar
Cardoso, Eliana. 1993. Private investment in Latin America. Economic Development and Cultural Change 41:833–48.CrossRefGoogle Scholar
Conway, Patrick. 1994. IMF lending programs: Participation and impact. Journal of Development Economics 45:365–91.CrossRefGoogle Scholar
Corden, W. Max. 1993. Exchange rate policies for developing countries. Economic Journal 103:198207.CrossRefGoogle Scholar
Cornelius, Peter. 1987. The demand for IMF credits by sub-Saharan African countries. Economic Letters 23:99102.CrossRefGoogle Scholar
Giovanni, Cornia, Jolly, R., and Stewart, Frances, eds. 1987. Adjustment with a human face: Protecting the vulnerable and promoting growth. Oxford: Clarendon.Google Scholar
Doroodian, Khosrow. 1993. Macroeconomic performance and adjustment under policies commonly supported by the International Monetary Fund. Economic Development and Cultural Change 41:849–64.CrossRefGoogle Scholar
Edwards, Sebastian. 1989. The IMF and the developing countries: A critical evaluation. Carnegie-Rochester Conference Series on Public Policy, no. 31. Washington, D.C.: North Holland.Google Scholar
Finch, David C. 1989. The IMF: The record and prospect. Essays in International Finance, no. 175. Princeton, N.J.: International Finance Section, Department of Economics, Princeton University.Google Scholar
Goldstein, Morris, and Montiel, Peter. 1986. Evaluating Fund stabilization programs with multicountry data: Some methodological pitfalls. IMF Staff Papers 33:304–44.CrossRefGoogle Scholar
Grindle, Merilee S. 1994. Sustaining economic recovery in Latin America: State capacity, markets, and politics. In Latin America's Economic Future? edited by Bird, Graham and Helwege, Ann. London and San Diego: Academic Press.Google Scholar
Grindle, Merilee S., and Thomas, John W.. 1991. Public choices and policy change: The political economy of reform in developing countries. Baltimore, Md.: Johns Hopkins University Press.CrossRefGoogle Scholar
Gylfason, Thorvaldur. 1987. Credit policy and economic activity in developing countries with IMF stabilization programs, Studies in International Finance, no. 60, Princeton, N.J.: Princeton University.Google Scholar
Stephan, Haggard, and Kaufman, Robert, eds. 1992. The politics of economic adjustment. Princeton, N.J.: Princeton University Press.Google Scholar
Haggard, Stephan, and Webb, Steven B.. 1993. What do we know about the political economy of policy reform? World Bank Research Observer 8:143–68.CrossRefGoogle Scholar
Heller, P. S., Bovenberg, A. L., Catsambas, T., Chu, K.-Y., and Shome, P.. 1988. The implications of fund-supported adjustment programs for poverty. Occasional paper no. 58. Washington, D.C.: International Monetary Fund.Google Scholar
Joyce, Joseph. 1992. The economic characteristics of IMF program countries. Economics Letters 38:237–42.CrossRefGoogle Scholar
Khan, Mohsin. 1990. The macroeconomic effects of Fund-supported adjustment programs. IMF Staff Papers 37:195231.CrossRefGoogle Scholar
Khan, Mohsin, and Knight, Malcolm. 1982. Some theoretical and empirical issues relating to economic stabilization in developing countries. World Development 10:709–30.CrossRefGoogle Scholar
Khan, Mohsin, and Knight, Malcolm. 1985. Fund-supported adjustment programs and economic growth. Occasional paper no. 41. Washington, D.C.: International Monetary Fund.Google Scholar
Killick, Tony. 1989. A reaction too far: Economic theory and the role of the state in developing countries. London: Overseas Development Institute.Google Scholar
Killick, Tony. 1992. Continuity and change in IMF program design, 1982–92. Working paper no. 69, Overseas Development Institute, London.Google Scholar
Killick, Tony. 1993. Issues in the design of IMF programs. Working paper no. 71, Overseas Development Institute, London.Google Scholar
Killick, Tony, with Malik, Moazzam. 1992. Country experiences with IMF programs in the 1980s. World Economy 15:599632.CrossRefGoogle Scholar
Killick, Tony. Forthcoming. The design and effect of IMF programs in developing countries. London: Routledge.Google Scholar
Killick, Tony, Malik, Moazzam, and Manuel, Marcus. 1992. What can we know about the effects of IMF programs? World Economy 15:575–97,CrossRefGoogle Scholar
Knight, Malcolm, and Santaella, Julio A.. 1994. Economic determinants of Fund financial arrangements. Working paper no. WP/94/36, International Monetary Fund, Washington, D.C.Google Scholar
Nelson, Joan M., ed. 1990. Economic crisis and policy change: The politics of adjustment in the Third World. Princeton, N.J.: Princeton University Press.CrossRefGoogle Scholar
Oxfam, . 1993. Africa make or break: The failure of IMF/World Bank policies. Oxford: Oxfam.Google Scholar
Pastor, Manuel. 1987. The effects of IMF programs in the Third World: Debate and evidence from Latin America. World Development 15:249–62.CrossRefGoogle Scholar
Sachs, Jeffrey D. 1989. Strengthening IMF programs in highly indebted countries. In The International Monetary Fund in a multipolar world: Pulling together, edited by Gwin, Catherine and Feinburg, Richard E.. Washington, D.C.: Overseas Development Council.Google Scholar
Salacuse, Jeswald W. 1994. The art of advice. New York: Times Books.CrossRefGoogle Scholar
Santaella, Julio A. 1995. Four decades of Fund arrangements: Macroeconomic stylized facts before the adjustment programs. Working paper no. WP/95/74, International Monetary Fund, Washington, D.C.Google Scholar
Schadler, Susan, Bennett, Adam, Carkovic, Maria, Dicks-Mireaux, Louis, Mecagni, Maura, Morswik, James H. J., and Salvastano, Miguel A.. 1995. IMF conditionality: Experience under stand-by and extended arrangements, parts 1 and 2. Occasional papers nos. 128 and 129. Washington, D.C.: International Monetary Fund.Google Scholar
Siddell, Scott R. 1988. The IMF and Third World instability: Is there a connection? London: Macmillan.CrossRefGoogle Scholar
Stiles, Kendall W. 1990. IMF conditionality: Coercion or compromise? World Development 18:959–74.CrossRefGoogle Scholar
Taylor, Lance. 1988. Varieties of stabilization experience. Oxford: Clarendon.Google Scholar
John, Williamson, ed. 1993. The political economy of political reform. Washington, D.C.: Institute for International Economics.Google Scholar
World Bank. 1989. Adjustment lending: An evaluation often years of experience. Washington, D.C.: World Bank.Google Scholar
Zulu, J. B., and Nsouli, S. M.. 1985. Adjustment programs in Africa: The recent experience. Occasional paper no. 34. Washington, D.C.: International Monetary Fund.Google Scholar