IMF conditionality has been severely criticised by developing countries, who accuse the Fund of unjustly provoking political turmoil and causing poverty. This refers to the policies that a member country is required to follow in order to be able to use the Fund's resources. Conditionality is legally based on the requirement to adopt adequate safeguards' for the use of resources as stipulated by the IMF's Articles of Agreement.
This work focuses on legal implications and policy aspects and, more specifically, on the question of how far-reaching the requirement of adequate safeguards' may...

Derived from the renowned multi-volume International Encyclopaedia of Laws, this practical analysis of the structure, competence, and management of International Monetary Fund (IMF) provides substantial and readily accessible information for lawyers, academics, and policymakers likely to have dealings with its activities and data. No other book gives such a clear, uncomplicated description of the organizationand#8217;s role, its rules and how they are applied, its place in the framework of international law, or its relations with other organizations.

The monograph...