© 2019

Eliminating the IMF

An Analysis of the Debate to Keep, Reform or Abolish the Fund


Table of contents

  1. Front Matter
    Pages i-xv
  2. Imad A. Moosa, Nisreen Moosa
    Pages 1-17
  3. Imad A. Moosa, Nisreen Moosa
    Pages 19-54
  4. Imad A. Moosa, Nisreen Moosa
    Pages 55-87
  5. Imad A. Moosa, Nisreen Moosa
    Pages 89-110
  6. Imad A. Moosa, Nisreen Moosa
    Pages 111-134
  7. Imad A. Moosa, Nisreen Moosa
    Pages 135-163
  8. Imad A. Moosa, Nisreen Moosa
    Pages 165-172
  9. Back Matter
    Pages 173-178

About this book


This book offers a concise but thorough analysis of the International Monetary Fund reform debate. Since the advent of the Asian financial crisis in the late 1990s, a lengthy deliberation has ensued over whether the IMF should be reformed, abolished, or left as is. The authors approach this debate from a normative perspective while looking at arguments from all sides, as well as reflecting on the history, functions, and ideology of the IMF. This unique approach gives weight to the authors’ perspectives and their conclusion that the IMF ultimately does more harm than good. Written to analyze and contribute to the current IMF debate, this Palgrave Pivot is a must-read for scholars and policymakers invested in the conversation surrounding IMF reform. 


development agency International Monetary Fund Bretton Woods system IMF Conditionality World Bank free market neoliberalism austerity measures subsidies social expenditure health expenditure normative economics developing countries capital flows

Authors and affiliations

  1. 1.School of EconomicsRMIT School of EconomicsMelbourneAustralia
  2. 2.University of South AustraliaAdelaide, SAAustralia

About the authors

Imad A. Moosa is a Professor at RMIT, Australia. He has held several academic, professional and advisory positions in the UK, US and Australia, and he has written extensively on both economics and finance. Over the course of his career, he has published over 200 papers and 22 books, 11 of which were published with Palgrave.  

Nisreen Moosa is a clinical health scientist who has turned into a health economist. She is completing her PhD on the financing of healthcare at the University of South Australia. Part of her research is on the effect of the IMF on health expenditure, particularly in developing countries. 

Bibliographic information