The IMF is Back? Think Again

Greco, Emily Schwartz
June 2009
Foreign Policy in Focus;6/1/2009, p1
The author comments on what seems to be a comeback for the International Monetary Fund (IMF) as the global financial crisis forces countries to apply or re-apply for loans. The author is critical of the commitment made by the Group of 20 countries at the April 2009 summit in London, England to increase IMF resources via immediate financing of some $500 billion. It is the author's view that the emergence of regional financial and monetary institutions should continue to be encouraged.


Related Articles

  • Convene. Rockwood, Kate // Fast Company;Apr2009, Issue 134, p25 

    The article discusses a summit meeting among the G20 group of nations, to take place April 2, 2009 in London, Great Britain. Topics expected to be discussed include the stabilization of financial markets, how to address a global economic recession, and reform of the International Monetary Fund...

  • A them-and-us summit. Versi, Anver // African Business;May2009, Issue 353, p14 

    The article presents the author's opinion on the London 2009 G20 Summit which was held in London, England, in April 2009. He considers industries to be strategic regarding the decision to invest around one trillion dollars to strengthen economies. Most of this new money will be available through...

  • New world disorder. Corry, Dan // Public Finance;6/25/2010, p14 

    The article discusses economic issues that will likely be tackled during the Group of Twenty (G20) summit meeting to be held in Toronto, Ontario in June 2010. It notes that leaders of these 20 leading countries will discuss how to address the global economic situation, particularly the financial...

  • ASO BURSTS ONTO WORLD STAGE AS RECESSION HITS HOME. Platt, Gordon // Global Finance;Dec2008, Vol. 22 Issue 11, p4 

    The article highlights the announcement made by Japanese Prime Minister Taro Aso during the summit meeting in Washington in November 2008. He announced that Japan plans to lend up to $100 billion to the International Monetary Fund (IMF) to help support emerging market countries most affected by...

  • War in Europe? Leaders fail to spell out worst scenario.  // Fund Strategy;10/31/2011, p1 

    The article presents information on the demonstration of an extreme preoccupation by eurozone officials with avoiding any measures to solve the financial crisis of eurozone that might involve them being spurned by their electorates. It compares this avoiding with the avoidant personality...

  • IMF 2.0. Gumbel, Peter // Time International (Atlantic Edition);4/20/2009, Vol. 173 Issue 16, p24 

    The article looks at the International Monetary Fund (IMF), an agency based in Washington, D.C., which has increased in importance due to the global economic crisis. Many view the IMF as the institution which is best able to help foster economic recovery. The meeting of the Group of Twenty in...

  • New World Order. Fox, Justin // Time International (Atlantic Edition);2/16/2009, Vol. 173 Issue 7, p17 

    This article focuses on the global approach to the financial crisis and meetings of the international organization known as the G-20, which consists of leaders of 19 of the biggest national economies of the world and the European Union. A Bretton Woods system is discussed which will reform the...

  • IFAC supports G20.  // Chartered Accountants Journal;May2009, Vol. 88 Issue 4, p10 

    The article reports on the support by the International Federation of Accountants (IFAC) for G20 proposals to enhance global financial regulation in New Zealand. IFAC Chief Executive Officer (CEO) Ian Ball highlights the vital role of the accountancy profession on economic crisis. It reveals...

  • Size and composition of fiscal stimulus packages.  // Effects of Fiscal Stimulus Packages on Employment;2009, p3 

    The article discusses the size and composition of fiscal stimulus packages. The International Monetary Fund (IMF) reports that the total amount of stimulus in the Group of 20 (G-20) amounts to nearly 692 billion dollars for 2009, which falls short to the needs to tackle the economic crisis. It...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics