Global Financial Stability: What Role for the
IMF?
October 9, 2008
Economists Dean Baker and Mark Weisbrot discussed the
current economic crisis and considered the choice of the IMF as a future
global finance regulator. The IMF's failure to provide advance warning
of most of the major financial crises of the last 15 years and its
record of suggesting inappropriate remedies after the fact raise
serious questions about its ability to perform this function.
