Abstract
This chapter examines the evolution since the Bretton Woods conference of the IMF's approach to problems of low income countries. In particular, it seeks to locate that approach within the debate among economists about whether there is a special 'development economics'. In that context, it examines the IMF's approaches to inflation, the 'twin gaps', fiscal issues, external debt issues, and exchange rate policy choice.
Original language | English (US) |
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Title of host publication | Finance, Development, and the IMF |
Publisher | Oxford University Press |
ISBN (Electronic) | 9780191716805 |
ISBN (Print) | 9780199239863 |
DOIs | |
State | Published - Jun 25 2009 |
All Science Journal Classification (ASJC) codes
- General Economics, Econometrics and Finance
Keywords
- Bretton woods conference
- Development economics
- Low-income countries
- Twin gaps