The IMF and the Latin American Debt Crisis: Seven Common Criticisms

October 10, 1994

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James M. Boughton The IMF and the Latin American Debt Crisis: Seven Common Criticisms, (USA: International Monetary Fund, 1994) accessed December 26, 2024

Summary

The IMF played a key role in developing and implementing the debt strategy throughout the 1980s. That strategy not only overcame the crisis but also produced successful transformationsof several major economiesin Latin America. Nonetheless, the IMF's role has also been criticized on several grounds. This study examines seven such criticisms.

Subject: Asset and liability management, Bank credit, Banking, Debt burden, Debt relief, Debt service, Debt strategy, External debt, Financial crises

Keywords: Adjustment program, Bank, Bank debt, Concerted lending, Crisis, Debt burden, Debt relief, Debt service, Debt strategy, Financing, Fund, Fund position, IMF article, IMF articles of agreement, IMF's role, PDP

Publication Details

Pages:

26
Volume:

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DOI:

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Issue:

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Series:

Policy Discussion Paper No. 1994/023
Stock No:

PPIEA0231994
ISBN:

9781451962154
ISSN:

1564-5193

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