Challenges to the World Bank and IMF : developing country perspectives

Includes bibliographical references and index.

"This challenging and unique new volume examines some of the most burning issues on the economic agenda in the world today.Bringing together some of the foremost authorities in their fields, this book is the result of work carried out on behalf of the G24, the world""s only research effort devoting to furthering the interests of developing countries and bringing their needs to global attention. Nowhere is the voice of the developing countries expressed so cogently and powerfully as in the essays contained in this volume. Challenging the existing mechanisms for the governance of the world economy, the chapters in this book consider the current approaches of the World Bank and IMF, and the operations of financial markets, and offer alternative proposals for the effective participation of developing countries. In doing so, the volume ranges from discussions on reforming the IMF and its conditionality, debt workouts and restructuring, through management of capital flows, debt sustainability and insurance against crisis, to Millennium Development Goals and the -global partnership development"