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Paperback The World Bank and the IMF: A Changing Relationship Book

ISBN: 0815771495

ISBN13: 9780815771494

The World Bank and the IMF: A Changing Relationship

In this book, Jacques J. Polak describes and analyzes the relationship between the World Bank and the International Monetary Fund (IMF) from the Bretton Woods conference in 1944 to the present. In their first three decades, the two institutions engaged in clearly distinct activities: the Bank made long-term loans to finance infrastructural projects in developing countries, while the Fund gave economic advice and short-term stabilization loans to both...

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