Publisher's Synopsis
The Group of Twenty-Four (the body responsible for commissioning this work) was established to increase the negotiating strength of developing countries in discussions with the industrial countries represented in the Group of Ten on issues arising in the International Monetary Fund and World Bank. Under a U.N. technical co-operation project a series of papers on these issues were prepared by experts of international reputation. Among those contributing papers to these volumes are Edmar Bacha, William R. Cline, Benjamin Cohen, Carlos Diaz-Alejandro, Rudiger Dornbusch, Stanley Fischer, Gerald Helleiner, Lord Kaldor, Paul Krugman, Paulo Nogueira Batista, Jr., Peter Oppenheimer, John Williamson and David Worswick.;The papers give a conspectus of the major problems of the international monetary system in the 1980s. Among the topics examined are: the international debt problem, the importance of structural adjustment as a factor in balance-of-payments problems, the impact of exchange rate systems on developing countries, and the position of low income countries in the international monetary system.
