The Role of the IMF: Financing and Its Interactions with Adjustment and Surveillance
December 4, 1996
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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
Pages:
52
Volume:
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DOI:
Issue:
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Series:
Pamphlet Series, No. 50
Stock No:
P050EA0000000
ISBN:
9781557755513
ISSN:
0538-8759
