Global: Unmasking the IMF

The post-financial crisis imperative for reform

This report looks at the appropiatness of the International Monetary Fund in dealing with global economic recovery. In April 2009, G-20 leaders designated the International Monetary Fund (IMF) as the central vehicle for global economic recovery and tripled the Fund’s lending capacity from US$250 billion to US$750 billion. Civil society and humanitarian organizations expressed deep concern due to the Fund’s checkered record in predicting and responding to crises.