Keynes Question

Seth Ackerman sackerman at FAIR.org
Mon May 14 10:23:52 PDT 2001



> Well... yes. But my view is that the argument for a kinder, gentler
> IMF is a loser unless we have a richer, better-funded IMF. The IMF
> today feels like its institutional survival is at stake in every
> crisis: that it *must* be paid back or its resources will dwindle
> down to zero and it will vanish in less than a decade...
. Not everyone agrees with this explanation of the IMF's unkindness and ungentleness. Mickey Kantor, for instance, who urges more IMF conditionality as a "battering ram" for U.S. trade interests in the developing world...

Seth



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