The Role of the IMF: Financing and Its Interactions with Adjustment and Surveillance

December 4, 1996

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Format: Chicago

Michael Mussa, and Paul R Masson. The Role of the IMF: Financing and Its Interactions with Adjustment and Surveillance, (USA: International Monetary Fund, 1996) accessed December 26, 2024

Summary

Against the background of the changing international economic environment, this pamphlet examines the general rationale for IMF financial support and the relationship between such support and IMF surveillance in carrying out the IMF's responsibility to seek to avoid and help to correct maladjustments in countries balance of payments. It analyzes the circumstances in which IMF financing continues to have an important role, draws possible lessons for the role of the IMF from the Mexican financial crisis, and discusses the future need for IMF resources.

Subject: Balance of payments, Balance of payments assistance, Balance of payments need, Exchange rates, Foreign exchange, International monetary system, Money, Private capital flows

Keywords: Adjustment program, Balance of payments assistance, Balance of payments need, Developing country, Exchange rate, Exchange rates, Financial support, Financing, Global, IMF facilities, IMF financing of payments imbalance, IMF quota, IMF staff calculation, IMF surveillance, International monetary system, Market, PAM, Private capital flows, Surveillance role

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Pamphlet Series, No. 50
Stock No:

P050EA0000000
ISBN:

9781557755513
ISSN:

0538-8759

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