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The IMF's New Lending in a Time of Global Economic Downturn

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June 19, 2009

The IMF's New Lending in a Time of Global Economic Downturn

This panel discussion, which featured Mark Weisbrot, Co-Director at Center for Economic and Policy Research; Hugh Bredenkamp, Deputy Director of Strategy, Policy, and Review Department at the IMF; Doug Rediker, Director of the Global Strategic Finance Initiative at the New America Foundation; and Robert Weissman, Director of Essential Action, looked at the economic issues involved in current IMF lending and its role in dealing with the global financial and economic crisis, with a particular focus on economic conditions attached to IMF agreements and proposed reforms of IMF governance, particularly in light of current funding decisions by some of the major contributing countries. The event was moderated by Nancy Alexander of the Heinrich Boell Foundation.

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