Is the International Monetary Fund (IMF) the mainstay of the international monetary system? Or is it an insignificant sideshow? Might its actions, or its very existence, even be harmful? The fortieth anniversary of the Bretton Woods Agreement, which was signed by 44 states on 22 July 1944,...

The adjustment crisis of the oil-importing developing countries has raised the question as to the specific roles of the IMF and the World Bank in the process of structural adjustment and the actual relationship between their different concepts and programmes. What are the areas of cooperation...

Against the backdrop of China's increasingly influential role in global finance and the debate on the emergence of a "Beijing Consensus", this paper examines whether the ideology that China promotes in the Bretton Woods institutions is conducive to the initiation of financial policy change at...