Posted by EXOGEN on March 25, 2014 at 10:29am
WALL STREET JOURNAL: Congress Can Help the U.S. By Reforming The IMF: A Commentary by Christine Lagarde Managing Director, International Monetary Fund
Published in The Wall Street Journal March 25, 2014
From its founding in 1945, the International Monetary Fund has had a unique role in the global economy. Again and again it has provided vital financing and economic support in times of crisis—from the postwar reconstruction of Europe, to the transformation of the countries of the former Soviet Union into free market economies, to the resolution of the financial crises in Asia and Latin America to the current recovery from the great recession.
The IMF's lending, policy advice and capacity building has promoted economic...
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