Sunday 22 Jul 2018 | 14:47 | SYDNEY
Sunday 22 Jul 2018 | 14:47 | SYDNEY

A kinder, gentler IMF

By

Mark Thirlwell

4 November 2010 16:21

The IMF's new mascot. (By Brian Hathcock, using CC license.)

The IMF has been undergoing something of a make-over recently: changes to make its governance more representative and a rethinking of some core policy beliefs, including those applicable to capital controls, exchange rates, and inflation targeting

Are we also going to see a kinder, gentler IMF' Maybe so: here is Managing Director Dominique Strauss-Kahn worrying about the consequences of increased inequality and calling for a 'new globalization for a new world – a globalization with a human face, where people come first, and where growth and equity always go together...the invisible hand must not become the invisible fist.'