Editor’s note: The following article appears in a June 2, 2015 briefing from the Official Monetary and Financial Institutions Forum. Over the past five years, the US Congress has been repeatedly browbeaten by the Obama administration as well as by a chorus of international leaders for its opposition to IMF reform proposals agreed by the G20 nations in 2010. However, over the same period, there have been a number of major developments that must raise serious questions as to the appropriateness of the IMF reform package on the table. This could offer the opportunity for crafting a new IMF reform …read more
Source: American Enterprise Institute for Public Policy Research