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Series

Economics

International Trade Law

1979

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Full-Text Articles in Law

The Stabilization Programs Of The International Monetary Fund: The Case Of Bolivia, Melvin Burke Jul 1979

The Stabilization Programs Of The International Monetary Fund: The Case Of Bolivia, Melvin Burke

School of Economics Faculty Scholarship

The ubiquitous, much studied but little understood, stabilization programs of the International Monetary Fund (IMF) exist today throughout the so-called Third World. The IMF's stated objective is to facilitate the expansion of international trade as a step toward the promotion and maintenance of high levels of employment and real income and the development of the productive resources of all members. It employs vast financial resources and political power to promote the free flow of international trade and finance.