How the International Monetary Fund (IMF) identified and carried out its mandate has evolved drastically since 1944, when it was set up to serve a vital but narrow function in keeping the global foreign exchange system and thus empowering international trade. This note gives an overview of the IMF's evolution by describing key periods in its history, including the global debt crisis of the 1980s, the Washington Consensus age and its own collapse, the Bretton Woods system, and reform attempts in the 2000s.
The IMF the Washington Consensus, the critics, and the New Challenges as China Rises case solution
PUBLICATION DATE: March 30, 2011 PRODUCT #: 711040-PDF-ENG
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