Schlagwort: Rule of Law
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New Resources for an Unreformed IMF?
The present US Crisis once again saved the IMF after a wave of early repayments had pushed it to the brink of bankruptcy, also making it more powerful. Unsurprisingly, reform proposals abound, (...)
Reforming the Bretton Woods Institutions
There is an urgent need of fundamental reforms of IBRD and IMF. However, before any meaningful reform can be envisaged it is necessary to enforce respect of statutory obligations by these (...)
The Final Demise of Unfair Debtor Discrimination?
Comments on Ms Krueger's Speeches
Krueger?s proposal to "mimick" domestic insolvency laws marked the abrupt end of the IMF?s fierce opposition against sovereign insolvency. It was a full U-turn regarding the Fund?s views on sovereign (...)