Consultant, United Nations Development Programme.

“IMF Case of a Dead Theory Walking,” Foreign Policy In Focus (April 2000); “Repairing the Global Financial Architecture,” Foreign Policy In Focus (September 1998); “IMF Bailouts and Global Financial Flows,” Foreign Policy In Focus (April 1998); “Is the Drive Toward Free Market Globalization Stalling?” Latin American Research Review (Fall 1998).

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IMF: Case of a Dead Theory Walking

The Asian financial crisis has eased, but its reverberations have enmeshed the International Monetary Fund (IMF) in a major legitimacy crisis over its recently assumed mission and its ability to implement it.

Contagion Effect Taking Hold in Latin America

Despite the IMF's reformist rhetoric about "bailing in" foreign investors and distributing adjustment costs more equitably, there is nothing novel about the new IMF standby credit. It is once again about bailing out banks and bondholders.

Blaming the Victim in Argentina

The new IMF prescription of fiscal austerity and no capital controls makes little economic sense.

After the Fall: The Argentine Crisis and Repercussions

brief review of Argentina's decline from poster child of the IMF and Wall Street during most of the 1990s

After the Fall: The Argentine Crisis and Possible Repercussions

Will the Bush administration retreat from hardline unilateralism when it comes to aid for Argentina?

Is Argentina the Coup de Grace of the IMF's Flawed Policy Mission?

The reverberations from the Asian financial crisis of 1997-98 enmeshed the International Monetary Fund (IMF) in a major legitimacy crisis over its recently assumed mission to promote free capital mobility around the globe.

The Argentine Crisis as Coup de Grace?

The U.S. needs to resume its original Bretton Woods perspective.

Repairing the Global Financial Architecture: Painting over Cracks vs. Strengthening the Foundations

An alternative package of architectural reforms: Bretton Woods Light

IMF Bailouts and Global Financial Flows

The International Monetary Fund (IMF) is the central agency for enforcing the Bretton Woods Articles of Agreement, whose terms serve as its charter.