The Bretton Woods Project has issued a four-page briefing note on "The potential development implications of enhancing the IMF's resources". The note examines whether the IMF's recently increased financial resources are sufficient for meeting the emergency financial needs of developing countries during the current crisis and deals with the "damaging pro-cyclical conditions" that the IMF is still imposing on some borrowing countries. This is the web link for the briefing note (also available in PDF format):
http://www.brettonwoodsproject.org/g24imfresources
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August 11, 2009
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