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Silent Revolution: The International Monetary Fund, 1979-89
This book is a narrative history of the coming of age of the International Monetary Fund as a participant in the international financial system. After the collapse of the par-value exchange rateExpand
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Long-Run Money Demand in Large Industrial Countries
The long-run properties of money demand functions in the large industrial countries are examined under the hypothesis that the long-run functions have been stable but that the dynamic adjustmentExpand
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The IMF and the Force of History: Ten Events and Ten Ideas that Have Shaped the Institution
The International Monetary Fund was designed during World War II by men whose worldview had been shaped by the Great War and the Great Depression. Their views on how the postwar internationalExpand
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On the Origins of the Fleming-Mundell Model
Forty years ago, Marcus Fleming and Robert Mundell developed independent models of macroeconomic policy in open economies. Why do we link the two, and why do we call the result the Mundell-Fleming,Expand
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Commodity Prices as a Leading Indicator of Inflation
This paper studies the value of broad commodity price indexes as predictors of consumer price inflation in the G-7 industrial countries. After an introduction, the paper discusses the theoreticalExpand
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Why White, Not Keynes? Inventing the Post-War International Monetary System
The international monetary system is largely the product of negotiations during World War II between U.S. and U.K. officials, led respectively by Harry Dexter White and John Maynard Keynes. TheExpand
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Tearing Down Walls : The International Monetary Fund 1990-1999
This volume - the fifth in a series of histories of the International Monetary Fund - examines the 1990s, a tumultuous decade in which the IMF faced difficult challenges and took on new and expandedExpand
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Is Policy Ownership an Operational Concept?
IMF lending is generally conditional on specified policies and outcomes. These conditions usually are negotiated compromises between policies initially favored by the Fund and by the country`sExpand
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From Suez to Tequila: The IMF as Crisis Manager
The IMF was established in 1944 in part to "give confidence to members by making [its] resources ... available to them under adequate safeguards." Although the intention was that the availability ofExpand
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