Refocusing the IMF
Bibliographic Data
| ID | 3577293 |
|---|---|
| Authors | Martin Feldstein (corresponding author) |
| Year | 1998 |
| Volume | 77 |
| Issue | 2 |
| Pages | 20 |
| Publication date | 1998-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Foreign Affairs (JOURNAL) |
| Journal identifiers | ISSN: 0015-7120 • E-ISSN: 2327-7793 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/20048786 |
| OpenAlex | W3121208297 |
| Language | EN |
| Citations received | 82 |
Initially devised to maintain a system of fixed exchange rates, the IMF took on a new role during the Latin American debt crisis of the 1980s-providing moderate amounts of credit, facilitating debt renegotiations, and recommending responsible macroeconomic policies. But the IMF is also applying the lessons of Eastern Europe and the former Soviet Union, where a fundamental economic restructuring was necessary, to Asia. So in Korea, for example, the fund called for reform of inefficient conglomerates and inflexible labor laws. However beneficial in the long run, such changes are not needed to resolve the current crisis. By stepping in too far and too soon, the IMF discourages countries from seeking modest help. Even worse, it encourages bankers to undertake more risky loans, making another crisis more likely
Economics · Political science · Global Financial Crisis and Policies · International Development and Aid
Risk in International Politics
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Examining Japanese City-Regions in the Light of the Asian Economic Crisis
Good governance and bad policy
Globalisation's Dilemma
International Capital Flows
International financial reform
Strengthening regional financial cooperation
The East Asian Model of Economic Development and Developing Countries
Taiwan's Foreign Economic Policy
The Politics, Power, and Pathologies of International Organizations
Human Development Report 2002
The World Bank at the Millennium
The Effects of Structural Conditions on Sectoral Productivity in South, East and South East Asia
The East Asian Financial Crisis
The Onset of the East Asian Financial Crisis
Towards a Better Financial Architecture
An issue of trust
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Conditionality
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The International Monetary Fund
State Power and the Asian Crisis
A political‐economy analysis of the Asian financial crisis
An inquiry into the nature, causes and consequences of the Indonesian crisis
E ast A sian F inancial Regionalism and the Politics of Global Financial Governance
Multiple Perspectives on Economic Rationalism and the New Managerialism
The Heyday of Beijing's Participation in the Tumen River Area Development Programme, 1990‐95
IMF conditionality and development policy space, 1985–2014
Micro- or macro-moralities? Economic discourses and policy possibilities∗
Seeing like the IMF
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Lessons from the Asian Economic Crisis
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Asean intervention in Cambodia
Economic security in an era of globalization
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Introduction
Assistance with Fewer Strings Attached
Commentary
The Asian debt-and-development crisis of 1997
IMF-Supported Stabilization Programs and their Critics
The Challenge of Good Governance for the IMF and the World Bank Themselves
The Effects of IMF and World Bank Lending on Long-Run Economic Growth
The Making of the Turkish Financial Crisis
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The East Asian Financial Crisis
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Introduction Globalisation and Insecurity
The developmental implications of the Pacific Asian crises
Global governance, development and human security
Apec and its enemies
A suitable case for treatment? Understanding the ongoing debate about the IMF
Do the multilaterals catalyse other capital flows? A case study analysis
An Interpretation of the Asian Financial Crisis
Has India escaped the Asian economic contagion
IMF conditionality
An Aftermath of Globalisation? East Asian Economic Turmoil and Japanese Cities Adrift
The Interplay between Globalness and Localness
Post-Crisis Experiments in Development Finance Architectures
What Has Been Happening at Bank Indonesia
Assessing Vulnerability to Financial Crisis
The IMF and the Indonesian crisis
A Decade After the Asian Financial Crisis
Chinese Diaspora as a Virtual Nation
Varieties of capitalism and varieties of globalization
The Discursive Demolition of the Asian Development Model
The Scope of IMF Conditionality
The Modern State and its Adversaries
Democratizing the International Monetary Fund and the World Bank
The International Monetary Fund
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When Crises Are Failures
Embeddedness, Inflation, and International Regimes
| Unique citing works | 82 |
|---|---|
| Citations per year | 2,93 |
| Citation span | 1998 - 2026 (29) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 68 |