The IMF: victim of its own success or institutional failure?(International Monetary Fund) From: International Journal | Date: September 22, 2007| Author: Masson, Paul R. | COPYRIGHT 2007 Canadian Institute of International Affairs. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The International Monetary Fund (IMF), created at the end of the Second World War at Bretton Woods, New Hampshire, to manage an international monetary system characterized by fixed exchange rates and heavily restricted international capital flows, now faces widespread questioning of its relevance. Calls for its abolition are not new: with the abandonment of fixed parities by the major industrial countries and the demise of the "Bretton Woods system" in 1973, the IMF seemed to have ...

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