ID | 146263 |
Title Proper | Towards a segmented world order? |
Language | ENG |
Author | Gilman, Martin |
Summary / Abstract (Note) | Late last year the IMF decided upon a seemingly technical policy change that would allow it to continue to lend in support of a country's economic program even when there are unresolved debt arrears owed to official creditors. In doing so, the decision overturned one of the policy pillars of IMF doctrine. For decades the IMF's earlier stance, working in close cooperation with the Paris Club of official creditors, served to resolve debt issues by facilitating a timely agreement aiming to provide debt sustainability to the debtor country and financing assurances to the IMF.
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`In' analytical Note | Russia in Global Affairs Vol. 14, No.2; Apr-Jun 2016: p.102-110 |
Journal Source | Russia in Global Affairs 2016-04 14, 2 |
Key Words | World Order ; Russia ; Ukraine ; IMF Rule Revision ; Debt Dispute |