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The Roles of International Financial Institutions: A Latin American Reassessment

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The International Monetary and Financial System
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Abstract

There have been deep political and economic changes over the past 50 years. Should organizations like the international financial institutions (IFIs) created in 1944 be restructured? Are the objectives specified for the IMF and the World Bank during the 1940s still valid in the 1990s? There have been changes through time in the roles and objectives of the IFIs; moreover, we now live in a different world where ‘new’ ways of thought prevail. Do the IFI changes correspond to world changes?

The author would like to thank Andrés Bianchi, Ricardo Hausman, Jo M. Griesgraber, Jorge Katz, Fernando Ossa, Kunibert Raffer and participants at the Group of Twenty-Four Conference, for their comments and disagreements with respect to a previous draft.

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© 1996 UNCTAD

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Meller, P. (1996). The Roles of International Financial Institutions: A Latin American Reassessment. In: Helleiner, G.K. (eds) The International Monetary and Financial System. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24414-0_10

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