Munich Personal RePEc Archive

Mandato e Attività del Fondo Monetario Internazionale

Cafiso, Gianluca (2002): Mandato e Attività del Fondo Monetario Internazionale.

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Abstract

This paper explains the evolution of the International Monetary Fund’s mandate and discusses its role in supporting countries experiencing a macroeconomic crisis. We consider the conditionality attached to its loans and why it is convenient in some regards. Even though its operations and functioning raise many criticisms, we argue that the Fund is a necessary institution because it acts opposite to capital markets when it is necessary.

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