The IMF and the Future

The International Monetary Fund has been criticised from both the right and the left of the political spectrum with the right arguing that it is too interventionist and creates more problems than it solves and the left on occasion demanding that it be abolished altogether. What seems almost beyond question is that the IMF needs to be reformed.

Defining a future role for the IMF will always be a controversial issue, but vital to any considerations will be a measured assessment of how it has o...