How Stanley Fischer, Jeffrey Sachs, David Rothkopf, Jeffrey Garten and William
Greider assess the IMF's performance in the Asian financial crisis (excerpted
from the full FRONTLINE interviews.)
Here's a rich selection of material on the IMF including the section,
"Abolish the IMF?" where George
Shultz, Lawrence Summers, James Glassman, Paul Krugman and others offer
opposing viewpoints.
Another section to explore is "Mission Creep" for articles on whether IMF financing
decisions should consider human rights, government corruption, geopolitics,
social safety nets and labor, trade and environmental issues. Elsewhere off
this page, there are "Reform Proposals" which are broken into "Academic" proposals
(Martin Feldstein, the Heritage Foundation, Paul Krugman, Jeffrey Sachs and
James Tobin) and proposals from "Official" camps such as member countries and
the IMF.
In addition, the "Origins" section
collects background pieces on the historical context for creating the IMF; the
Bretton Woods Conference; and "Recent Financing Initiatives" which studies the
pros and cons of recent financing programs in Africa, East Asia, Eastern
Europe, Latin America and Europe.
Its web site contains a round-up of information including, "Frequently Asked
Questions," a fact sheet and a summary of how the IMF and the World Bank
differ. Under "Topics of Interest" there is an Asian Crisis Factsheet and
information on the IMF's Debt Relief program.
Here's a large collection of analysis and ideas for revamping the architecture
of the global financial system. Worth exploring, too, is the overall site which is authored by Nouriel Roubini,
currently Senior Economist on the White House Council of Economic Advisers.
Its web site answers a range of questions about this institution: what it is,
its role, money sources, history and "why do we need a World Bank?" The site
also has a "Social Crisis in East Asia" section with several reports and
essays.
FRONTLINE's interview with Joseph E. Stiglitz, the World
Bank's Senior Vice President and Chief Economist.
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