‘. . . the book is a must-read for anyone looking to understand and study IMF lending. It provides a useful reminder about the nuances and the limitations of the institution, while also encouraging academic analyses to reflect such complexities.’
– Review of International Organizations
‘Recent events in advanced and emerging markets have rendered IMF reform more urgent than ever. Graham Bird and Dane Rowlands, two of our most trenchant observers of the Fund, have thus done a singular service by bringing together their collected works on the IMF and its critics. Some of these essays are previously published, while others are new, but all are very much worth reading by anyone concerned to create an International Monetary Fund fit for the 21st century.’
– Barry Eichengreen, University of California, Berkeley, US
‘Students of the IMF take note! This monograph provides a timely and comprehensive account of the functioning of the Fund, ranging from an analysis of what determines access to its loans to the consequences of its programs. Written by leading experts, this will soon become an authoritative source of reference on the IMF.’
– Axel Dreher, Heidelberg University, Germany
‘Bird and Rowlands argue the importance of a debate supported by empirical evidence. The richness of their study will certainly provide a benchmark for debate and future research in this area. Through the book, the authors have managed to maintain an unbiased approach to the IMF, which offers priceless material for reviewing the IMF mission.'
– International Affairs