Challenges to the World Bank and IMF

Ariel Buira is Director of the G24 Secretariat. He has been Special Envoy of the President of Mexico for the UN Conference on Financing for Development, Ambassador of Mexico, Member of the Board of Governors of the Bank of Mexico and Executive Director of the IMF.

• Contributors to this Volume; Foreword; Introduction; 1. The Governance of the IMF in a Global Economy; 2. Who pays for the IMF?; 3. An Analysis of IMF Conditionality; 4. Achieving Long-Term Debt Sustainability in Heavily Indebted Poor Countries (HIPCs); 5. The Poverty Reduction Strategy Paper Approach: Good Marketing or Good Policy?; 6. Capital Management Techniques in Developing Countries; 7. International Reserves to Short-Term External Debt as an Indicator of External Vulnerability: The Experience of Mexico and Other Emerging Economics; 8. Mechanisms for Dialogue and Debt-Crisis Workout that Can Strengthen Sovereign Lending to Developing Countries; 9. Developing a Global Partnership for Development; 10. International Public Goods: Operational Implications for the World Bank; Index