000 01108pab a2200181 454500
008 180718b2000 xxu||||| |||| 00| 0 eng d
100 _aSengupta, Arjun
245 _aFinancial management of globalisation: IMF and developing countries
260 _c2000
300 _ap.115-29
362 _a15 Jan
520 _aDeveloping countries adjusting to globalisation have financial needs entirely different from those the IMF was originally set up to meet. Countries in the first phase of globalisation with current account convertibility need growth-oriented adjustment programmes. Those in the second phase with capital account convertibility need protection from severe market fluctuations. The IMF must play a supportive role, and to do so, it needs increased quotas and funds from other development banks. It could also be a lender of the last resort to countries which become objects of negative market expectations. - Reproduced
650 _aFinancial administration
650 _aInternational Monetary Fund
650 _aGlobalization
773 _aEconomic and Political Weekly
909 _a43640
999 _c43640
_d43640