A Strategy for IMF Reform

Wishing to restore the central role of the International Monetary Fund in maintaining international economic and financial stability, Truman (assistant secretary of the Treasury for international affairs from 1998 to 2000) makes a number of reform recommendations. As laid out in the first chapter, these reforms address issues of organizational governance, policies of systemically important countries, the role of the IMF in external financial crises, refocused engagement with low-income countries, increased attention to capital account and financial-sector issues, and the need for additional financial resources. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)