Abstract: A 6 page paper discussing the performance of the International Monetary Fund. In a time when the current role and even the continued existence of the IMF is questioned with increasing frequency and exuberance, news that the IMF generally hands over millions without requiring accountability for the disbursement of funds is disturbing at best. The usefulness and ultimate agenda of the IMF increasingly comes under fire, and apparently for good reason. Three points of controversy - conditionality, mission creep and the question of abolishing the IMF - are discussed here. Bibliography lists 11 sources.
Subcatagory: International Economics & Finance