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The IMF and the Millennium Development Goals: Failing to deliver for low income countries

35 pages

The IMF needs to radically change the way it works in low income countries. It must finally move on from an outdated focus on exclusively short-term macro-stability and pessimism about aid to one based on long-term poverty needs and the MDGs. If it does this it can play a vital, proactive and dynamic role as a key partner in poverty reduction. If it does not, the much hailed new poverty focus of IMF programmes in low income countries risks being largely discredited.

KeywordsWorld Bank and IMF MDGs