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The International Monetary Fund, Power Politics, And The Changing Political Economy Of The Twenty First Century, Eduardo Flores

UNLV Theses, Dissertations, Professional Papers, and Capstones

The governance of the global economy is in a constant state of change. Since the creation of the Bretton Woods system, the International Monetary Fund has had to pursue a series of reforms to meet the changing demands of the international monetary system. At times, the Fund's institutional design has been adjusted to reflect the rise and decline in economic fortunes of member states. Other times the Fund has been resistant to change. However, the original design has proved to be durable and has overcome a number of historical challenges. Currently, two realities are challenging the institutional design of the …