San Antonio College Library

"Why do governments turn to the International Monetary Fund (IMF) and with what effects? In this book, James Raymond Vreeland examines this question by analyzing cross-national time-series data from throughout the world. Vreeland argues that governments enter into IMF programs for economic and political reasons, and he finds that the programs hurt economic growth and redistribute income upward. By bringing in the IMF, governments gain political leverage...

Foreign aid is now a $100bn business and is expanding more rapidly today than it has for a generation. But does it work? Indeed, is it needed at all? Other attempts to answer this important question have been dominated by a focus on the impact of official aid provided by governments. But today possibly as much as 30 percent of aid is provided by non-governmental organizations (NGOs), and over 10 percent is provided as emergency assistance. In this...