Volume : III, Issue : VI, June - 2014

Role of International Monetary Fund in the Economic Development: A Case Study of India

A. K. Mahto

Abstract :

The global economic crisis has sparked a rethinking of how the international financial system is structured. The IMF is assisting the G-20 industrialized and emerging economies with recommendations to reshape the system of international regulation and governance. To a large extent, global efforts thus far have been focused on the crisis at hand, but reforms are in progress with a view toward the post-crisis world. Although economic and financial sector policies will remain primarily the business of national governments, ongoing changes to the global financial architecture-including to the IMF-can reduce the frequency and depth of future crises. Additional changes could also include addressing some of the shortcomings of the decisionmaking structure of the G-20 by allowing greater scope for joint decision making on a wider set of international economic and financial issues, with the IMF in its newly expanded role as a central player. Against this background, the present research proposal has been undertaken for Doctoral Research Work (L. N. Mithila University, Darbhanga) under supervision and guidance of Dr. K. K. Jha, Associate Professor, C. M. College, Darbhanga.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

A. K. Mahto / Role of International Monetary Fund in the Economic Development: A Case Study of India / International Journal of Scientific Research, Vol.3, Issue.6 June 2014

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