Description:
The International Monetary Fund's (IMF) lending programs during the global financial crisis of 2008-2009 represented a significant departure from its past policies. This book traces the evolution of the IMF's responses to crises from its founding through recent events. The analysis includes an examination of the IMF's activities during the debt crisis of the 1980s, the upheavals in emerging market nations in the 1990s and early 2000s, and the European debt crisis. It also describes changes in the governance of the IMF by its member governments.
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