by Alex Cobham

This Analysis was prepared as an Issues Note for the International Policy Workshop: How can Financial Crises be Prevented? held at the German Federal Ministry for Economic Cooperation and Development, October 2006. The IMF is facing renewed calls for reform, and its role in the prevention of national and international financial crises is the subject of considerable debate. This Analysis sets out the basis for the main criticisms of the Fund, and explores the necessary changes for it to take a more constructive role in crisis prevention.

OCGG Economy Analysis No 9 (PDF)