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The International Monetary Fund under Constraint: Legitimacy of its Crisis Management
     

The International Monetary Fund under Constraint: Legitimacy of its Crisis Management

by Eva Riesenhuber
 

ISBN-10: 9041115773

ISBN-13: 9789041115775

Pub. Date: 03/01/2001

Publisher: Brill Academic Publishers, Inc.

The International Monetary Fund under Constraint exposes a legal dilemma facing the IMF as it tackles international crisis management. Using the Asian crisis - and more particularly economic and political events in Indonesia - as an example, this volume examines whether the Fund's activities in Asia were legally justified.
The results of this analysis lead to

Overview

The International Monetary Fund under Constraint exposes a legal dilemma facing the IMF as it tackles international crisis management. Using the Asian crisis - and more particularly economic and political events in Indonesia - as an example, this volume examines whether the Fund's activities in Asia were legally justified.
The results of this analysis lead to the following question: What future role can the IMF play in the international financial architecture? The principles of international law and the legal foundations of the Fund are used to analyse the reform suggestions of economic experts and to find a suitable concept for future IMF involvement in financial crises and crises prevention.
This volume is a long-overdue legal analysis of IMF activities. It presents the combination of law and economics which was originally at the heart of the IMF but which so far has been ignored in today's reform discussion.

Product Details

ISBN-13:
9789041115775
Publisher:
Brill Academic Publishers, Inc.
Publication date:
03/01/2001
Series:
Legal Aspects of International Organizations Series , #39
Pages:
440

Table of Contents

Acknowledgments. List of Abbreviations. I. Introduction. II. The International Monetary Fund - A General Introduction. III. The Asian Crisis. IV. Indonesia. V. The Crisis in Indonesia. VI. Legitimacy of the IMF Programs in Indonesia. VII. Suggestions for a New Financial System. VIII. Conclusion. References. Index.

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