Read the PDF. Over the past five years, the U.S. Congress has been continuously browbeaten by the U.S. administration, as well as by a chorus of international leaders, for its failure to approve the G-20 International Monetary Fund reform agreement. Over the same period, however, there have been a number of major developments affecting the IMF that must raise serious questions as to the continued appropriateness of those reform proposals. Those changes would suggest the need for crafting a new IMF reform agenda that would not only be more palatable to the U.S. Congress but would also enhance the IMF’s …read more
Source: American Enterprise Institute for Public Policy Research