Format:
1 Online-Ressource (312 pages)
,
illustrations
ISBN:
9789004634701
Series Statement:
International Law - Book Archive pre-2000 27
Content:
IMF conditionality has been severely criticised by developing countries, who accuse the Fund of unjustly provoking political turmoil and causing poverty. This refers to the policies that a member country is required to follow in order to be able to use the Fund's resources. Conditionality is legally based on the requirement to adopt `adequate safeguards' for the use of resources as stipulated by the IMF's Articles of Agreement. This work focuses on legal implications and policy aspects and, more specifically, on the question of how far-reaching the requirement of `adequate safeguards' may be. Furthermore, the author demonstrates that conditionality is also affected by cooperative arrangements with other institutions, such as the World Bank and United Nations. A major conclusion is that there should be improvements in cooperation and in the monitoring of the application of Fund law on conditionality. Scholars and students who take a deep interest in international economic relations will find this book a unique opportunity to study the legal framework of conditionality. Government officials preparing for negotiations with the Fund will also benefit from reading this work
Note:
Includes bibliographical references and index
,
English
Additional Edition:
ISBN 9789041102119
Additional Edition:
Erscheint auch als Druck-Ausgabe Law and Policy of IMF Conditionality Leiden : Brill | Nijhoff, 1996 ISBN 9789041102119
Language:
English
DOI:
10.1163/9789004634701
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