What's Wrong With the IMF and How to Fix It by Bessma Momani,... - 9781509509669

What's Wrong With the IMF and How to Fix ItAuthor(s): Bessma Momani, Mark R. Hibben\nFormat: Hardback\nPublisher: John Wiley and Sons Ltd, United Kingdom\nImprint: Polity Press\nISBN-13: 9781509509669, 978-1509509669\nSynopsis\nThe IMF stands at a crossroad. Derided as increasingly irrelevant in the first decade of the new millennium, the Fund has had its power and prestige restored by the fallout from the 2008 global financial crisis. But will the resurgent IMF assert a more just and sustainable macroeconomic model and provide a voice for poor and marginalized people around the globe? Or will enduring weaknesses within the IMF mean it fails to address these issues? In this book, Bessma Momani and Mark R. Hibben dissect the variables and institutional dynamics at play in IMF governance, surveillance, lending, and capacity development to expose the fundamental barriers to change. Identifying four areas that could fix the IMF, they show how these genuine and workable solutions can giv.